Country: China Page 24 / 87
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- April 15 2022
Fosun makes P&C insurer sale
The Chinese conglomerate bought the US firm for US$433m eight years ago.
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- April 14 2022
Insurers face rising non-payment risk in China
Ukraine crisis, high commodity prices, rising interest rates and the latest surge in Covid-19 cases are all factors.
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- April 12 2022
China: Lure of cross-border reinsurance grows on nat cat spike
Players - including Allianz Re, Swiss Re and Peak Re - set to benefit.
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- April 11 2022
Agriculture exposes China United Property to cat losses: Fitch
Agriculture insurance generated nearly 22% of the insurer’s total premiums in 2021.
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- April 8 2022
China’s Sunshine Insurance makes overseas IPO filing
It's reported the Beijing-headquartered group could raise as much as US$2bn in Hong Kong.
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- April 7 2022
Allianz Re targets ambitious growth in Asia this year
The global reinsurer sees significant potential in China and India.
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- April 6 2022
China’s liability market grows as motor premiums slow
While the legal system isn't as favourable, there is plenty of room for product innovation.
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- April 1 2022
US$18.3m prepaid for downed China plane
The Boeing 737 crashed into a mountain in Guangxi province in south-west China on March 21.
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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.
