Country: China Page 22 / 84
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- April 1 2022
Fires, Covid and war weigh on marine lines in Asia
Tanker fires in Thailand, China lockdowns and war in Ukraine make for a gloomy outlook.
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- March 29 2022
CPIC P&C arm hits US$1bn net profit in 2021
Agriculture, liability and health lines all saw double digit GWP growth during the year.
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- March 25 2022
Aon-COFCO appoints Dai Jia as general manager
Dai will succeed Clare Wu, who is to retire from the Chinese joint venture.
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- March 25 2022
Larger, more frequent weather events drive Asia losses
Summer flooding in China in 2021 was one of four events globally that topped US$20bn economic loss.
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- March 23 2022
CBIRC urges insurers to properly handle claims from China crash
21 insurance companies are conducting investigations on-site.
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- March 22 2022
Insurers brace for claims on back of downed Boeing 737
The plane crashed in Guangxi province in China with 132 people onboard.
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- March 18 2022
Swiss Re names new China CEO
Ivan Gonzalez will relocate from New York to Beijing.
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- March 18 2022
Ping An profits down after ‘complex and difficult’ year
Overall net profits fell 29% but P&C GWP growth picked up 8.7% in Q4 2021.
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- March 17 2022
AGCS targets 10% GWP growth in Asia: global CFO
The specialty player is exploring new partnerships in the region, says Claire-Marie Coste-Lepoutre.
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- March 16 2022
Standard Club and North P&I merger talks piques interest in Asia
The two P&I giants have already started reaching out to members and brokers.
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- March 15 2022
Senior China official calls for insurers to issue ILS in HK: report
Samuel Yung suggests the SAR and GBA develop a climate and disaster data sharing framework.
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- March 14 2022
Swiss Re Corporate Solutions appoints Greater China CEO
An experienced AIG exec will take on the role in April from Shanghai.
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- March 14 2022
CPIC reports rising premium income for both property and life
CPIC's property premiums have surged 15.7% year-on-year, whilst its life unit saw a rise of 2.3%.
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- March 14 2022
Chinese insurers face US delisting
China Life among firms that could be kicked off US stock exchanges amid audit dispute.
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- March 10 2022
Electric car insurance: profitability concerns persist
As a new dawn greets Asia’s motor industry, a dearth of data presents underwriting challenges.
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- March 3 2022
China will not impose sanctions on Russia: CBIRC
Head of the regulator Guo Shuqing believes such measures to be illegal and ineffective.
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- March 2 2022
China P&C grew just 1% in 2021
Covid, motor reforms and a property crisis combined to create worst ever year for sector.
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- February 25 2022
China rule change led to 1% fall in motor revenue for Axa
CBIRC carried out a reform of motor insurance in 2020.
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- February 18 2022
HKIA welcomes preferential treatment under C-Ross
This is the first time that Hong Kong's preferential treatment has been codified in Chinese law.
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- February 14 2022
China’s premiums up 4.1% to US$707bn in 2021: report
Assets also climbed 11.5% across P&C insurers, reinsurers and life players, CBIRC data shows.
