Country: China Page 25 / 84
-
- September 28 2021
Taiping Re turnaround gives parent first half bump
Premiums and profits are up at both China Taiping and its reinsurance arm.
-
- September 27 2021
India should welcome Chinese investment in LIC
Rumoured plans to ban mainland investors from IPO risk turning the deal into a political hot potato.
-
- September 23 2021
Flood insurtech Previsico raises US$2.5m
The insurtech tells IAN it is currently targeting China and Hong Kong in the Asia Pacific region.
-
- September 20 2021
Cosco Shipping’s captive to see steady premium growth: AM Best
The captive benefits from low distribution costs for group-related business and a favourable reinsurance environment.
-
- September 16 2021
Digital ecosystems boost Asia’s insurtech space: CapGemini
The consultancy firm says Ping An has earmarked US$14.5bn for research and development over the next decade.
-
- September 9 2021
CBIRC says motor insurance reforms meeting objectives
Regulator says auto insurance's share of the P&C market is nearing that of US and Japan after last year's regulatory changes.
-
- September 8 2021
Fubon Insurance’s risk profile defined by geography: Moody’s
The Taiwanese insurer's operations in mainland China and Vietnam accounted around 10% of total revenue in 2020.
-
- September 7 2021
China and climate risks to drive P&C growth until 2040: Swiss Re
Reinsurer expects US$2.5tn in new global P&C premiums of which 43% will originate from emerging markets.
-
- September 7 2021
Chaucer helps China Re fend off domestic slowdown
The specialty subsidiary saw strong premium growth as the reinsurer's motor business stalled at home.
-
- September 6 2021
CBIRC issues draft insurance guidelines: report
The regulator is seeking public comment on proposed rules to decrease financial risks amid heightened industry oversight.
-
- September 3 2021
Asia’s P&C reinsurers rise in global ranking
China Re has surpassed Lloyd’s in AM Best's reinsurer Top 50 list.
-
- September 2 2021
China Railway’s captive saw US$89m GWP in 2020: Moody’s
The rating agency notes that the insurer's combined ratio rose to 91% in 2020 from 75% the previous year.
-
- September 1 2021
Taishan P&C investments help neutralise underwriting losses
The insurer's non-motor book, excluding agriculture, posted a combined ratio of 114% last year.
-
- September 1 2021
HKIA signs fintech MoUs with China and Macau
The agreement is part of a wider integration push across the Greater Bay Area promoting financial connectivity.
-
- September 1 2021
Fubon P&C sees over 30% decline in premiums in H1 2021
Plans to grow the firm's non-motor reinsurance business in China faces intense competition, AM Best says.
-
- August 31 2021
China’s insurers struggle for growth amid Covid, new regulations
Renewals to take on added importance as new business faces challenging environment.
-
- August 30 2021
Insurtech OneDegree raises US$28m and targets China, Singapore
The virtual insurer plans to move into human health and digital asset insurance and has global ambitions.
-
- August 30 2021
Swiss Re CorSo’s former North Asia property head resigns
IAN understands that Vivian Zee is leaving next month while Gracie Qin is relocating to Hong Kong.
-
- August 27 2021
Ping An’s net profit down 15.5% after China Fortune hit
The Chinese insurance giant promises to strengthen risk management after developer default impacts results.
-
- August 26 2021
China Life’s H1 profits jump 34.2%
GWP growth at the life giant has been sluggish as the economy continues to recover from Covid-19.
