Country: China Page 20 / 84
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- August 3 2022
Non-motor lines bolster Axa’s H1 Asia P&C performance
The Asia arm comprises units across mainland China, Hong Kong, Thailand, Japan and South Korea.
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- August 3 2022
Urban floods in India, China and Bangladesh spurred H1 cat losses: Swiss Re
Floods in Australia were the costliest cat event in H1 2022 in terms of insured losses.
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- July 26 2022
Digital channels and regulation key to unlocking Greater Bay Area potential: survey
Eight cities in the GBA have less than 10% insurance penetration.
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- July 20 2022
More risk clarity key to China’s D&O capacity
China’s Securities Law has brought surging demand for D&O, as well as uncertainty.
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- July 14 2022
Chinese insurtech sector lures capital but not returns
Funding hit record high in Q1 despite underperformance of listed players.
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- July 14 2022
Liability and health books are growth drivers of China’s non-life market: Fitch
Non-motor lines have increased by 10.7% in the first five months of 2022.
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- July 13 2022
China heightens oversight as insurance assets bulk up
With the top four players controlling over half the market, any company failure is a huge risk to the economy.
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- July 12 2022
China’s regulators issue draft rules on ‘systemically’ important insurance groups
The evaluation scope includes scale, correlation, asset realisation and substitutability.
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- July 5 2022
China explores parametric expansion after costly floods
Henan is the latest province to trial the cat innovation after payment was triggered in Guangdong last month.
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- July 1 2022
China’s Henan province launches pilot cat scheme
Local government wants to boost protection in six cities after dramatic floods last year.
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- June 24 2022
PICC teams up with NDRC on agriculture insurance: reports
Cooperation in product innovation, agricultural product cost investigation, designated counties development and data sharing will be carried out.
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- June 21 2022
Over US$28m insured loss caused by Guangdong severe storms: report
PICC and Ping An are facing millions of claims payments respectively.
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- June 20 2022
Axa XL appoints new China country head
HaoMing Zhou reports to Gilles Fromageot, Axa XL Asia regional manager and Yamin Zhu, Axa Tianping CEO.
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- June 14 2022
Aon’s reinsurance arm appoints Asia and China head of casualty
Yosuke Yasuda has joined the broker from Swiss Re and is based in Singapore.
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- June 13 2022
Insurtech Profile: Akur8
This French insurtech is now bringing its AI pricing solution to Asian clients.
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- June 10 2022
Are international reinsurers right to show China caution?
Covid, geopolitical issues and a competitive market are making some firms rethink strategy.
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- June 8 2022
China launches insurance scheme to boost vaccine take-up
The scheme pays out up to US$75,000 in the event of illness.
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- June 2 2022
Former president of PICC P&C under investigation
Zhiyong Lin is suspected of a serious violation of discipline and law.
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- June 1 2022
Axa’s China P&C unit adopts new AI pricing system
The firm will become the 13th Axa entity and the first Chinese insurer to use the technology.
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- May 31 2022
Allianz GI China JV insufficiently capitalised for growth: Fitch
The firm's solvency ratio has fallen from 320% to 200%.
