Country: China Page 20 / 81
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- December 31 2021
HSBC gets regulatory nod to buy out China life JV
Regulatory approval comes around 18 months after the deal was first announced in May 2020.
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- December 30 2021
China Pacific Property Insurance to get non-motor boost
Moody's report suggests agriculture could be a key source of premium growth for the P&C player.
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- December 29 2021
CBIRC: 2020 Covid claims totaled US$77m
Covid-related claims accounted for less the 1% of total industry pay-outs in 2020.
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- December 22 2021
Guoren P&C’s reduced motor exposure to boost performance
Fitch tells IAN the insurer’s auto business was much lower than the industry average of 54%.
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- December 21 2021
New motor regime to impact CPPIC profits: Moody’s
The insurer also faces competition in the A&H market as well as volatility in its growing agricultural line.
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- December 21 2021
CBIRC’s new broker regs open door for foreign firms
The regulator has removed a minimum asset requirement of US$200m among other changes.
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- December 20 2021
Fanhua to go private, delist from Nasdaq amid political tensions
Company spokesperson tells IAN that "international relations" affected the decision to exit the US.
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- December 16 2021
China’s insurers ready for C-Ross roll out: Fitch webinar
The new solvency framework comes in to force in January 2022.
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- December 15 2021
China’s P&C market to see low single-digit growth in 2022: Moody’s
Motor pricing reform continues to affect premium growth in China.
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- December 13 2021
China’s insurers embrace digital to cut costs
Online competition is heating up as motor reforms, Covid-19 and a looming property crisis hit home.
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- December 10 2021
Argenta’s Lloyd’s China exit puts spotlight on costs, scale
Broker tells IAN poorer margins are squeezing some players out who can write Chinese business elsewhere.
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- December 6 2021
Qianhai Re’s underwriting progress faces nat cat pressure
AM Best tells IAN the reinsurer’s underwriting margin improved from 107.8% to 102.5% between 2019-20.
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- December 6 2021
Swiss Re appoints interim head to lead China operations
Brian Han replaces John Chen who is stepping down at the end of January.
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- December 2 2021
China tightens risk management for insurance groups
The CBIRC said the new rules are in line with international practices.
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- December 2 2021
McLarens expands Asia team with senior appointments
The loss adjuster appoints Kevin Yu and Yee-Su Tsai to lead operations in China and Taiwan.
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- November 30 2021
PIC 2021: Green investments key for sustainability
CEOs from China Pacific Life, Manulife, Axa and HSBC Life urged the industry to invest in green finance.
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- November 22 2021
China Re’s underwriting result exposed to nat cats, motor reforms: AM Best
The reinsurer's domestic P&C business has been particularly impacted by deteriorating conditions in these two segments.
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- November 19 2021
CPIC gets greenlight for Hong Kong life arm
The new long-term insurance player will be led by former HSBC insurance executive Candy Yuen.
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- November 17 2021
China, India and Indonesia to see non-life headwinds: AM Best
The rating agency said in a SIRC briefing that Covid-19 and low interest rates are common causes.
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- November 10 2021
Sunshine Insurance exploring HK IPO in 2022 — report
The Beijing-headquartered firm is one of the seven largest insurance companies in China.
