Country: China Page 25 / 89
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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%.
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- May 26 2022
Senior PICC exec dismissed for misconduct and bribery: report
Shen Dong is expected to be charged with embezzlement and bribery.
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- May 26 2022
China marine profitability won’t bounce back on its own
With large state-backed companies aggressively growing market share, competition is fierce.
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- May 20 2022
Kenny Pang returns with CEO role at Asia-Pacific Property & Casualty Insurance
The executive left Tugu's Hong Kong operations in February.
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- May 20 2022
Beijing Nova Insurance signs deal with Towngas
The firm is an associate of Hong Kong broker Nova Insurance.
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- May 16 2022
China to set up multi-disaster nat cat system
A CBIRC-run protection scheme currently provides around US$94bn of protection.
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- May 12 2022
Ping An announces launch of China’s first ESG disclosure standards
The new guidelines, which were develop will several others, will help firms assess ESG exposure.
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- May 11 2022
Number of shipping losses in South China falls: AGCS report
One in five shipping losses still come from the region - the highest in the world.
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- May 4 2022
Chinese insurers to step up D&O and cyber programmes: Lockton
Recent lawsuits have underscored the need for D&O insurance in the country.
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- May 2 2022
PICC’s COR dips slightly for P&C book in Q1
Credit insurance premium soared 203.7% whilst agricultural insurance rose 28.8%.
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- April 25 2022
China P&C market to shrug off Covid disruption
Sunshine's Hong Kong listing points to a robust market.
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- April 25 2022
Asia’s top P&C insurers grew non-life books by 3.7% in 2021 despite Covid headwinds
Top 10 players booked US$279bn in 2021, according to IAN analysis.
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- April 21 2022
Sunshine Insurance submits HK IPO application
Last year Sunshine P&C saw GWP hit US$6.37bn.
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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.
