Country: China Page 26 / 84
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- August 25 2021
Peak Re sees H1 2021 GWP dip as profits rise
The Hong Kong-based reinsurer’s underwriting improved due to “portfolio adjustments” and “continued rate hardening in major markets”.
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- August 23 2021
China’s Ping An Health to see ‘robust’ growth: AM Best
The insurer's net profit increased by 47% to US$92m in 2020.
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- August 16 2021
Ping An P&C to maintain lead despite competition: Moody’s
The general insurer had a combined ratio of 99.1% in 2020 surpassing most of its domestic peers.
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- August 16 2021
Gallagher’s US$3.25bn Willis Re deal now includes China and Hong Kong, says CEO
The US broker will take on about 2,200 Willis Re reinsurance staff across the globe.
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- August 16 2021
China’s crackdown on digital insurers to favour incumbents
The CBIRC's criticism of “internet insurance chaos” to benefit the segment in the longer term.
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- August 16 2021
Q&A: PICC Re’s Qing Zhang talks reinsurance digitalisation
The reinsurer's president tells InsuranceAsia News the firm is looking to grow in Asia, Europe and North America.
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- August 12 2021
China’s record floods dominate July’s Asia claims
Aon reports says US$1.7bn of insured losses is highest nat cat payout for the Chinese insurance industry on record.
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- August 10 2021
Lloyd’s China eyes broker and product expansion
A new marine liability product is expected later this year.
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- August 9 2021
China set to squeeze insurers’ solvency
Phase II of C-Ross is expected to cut solvency ratios by at least 10 points.
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- August 6 2021
Henan flood claims surpass US$1.74bn
The local CBIRC office says insurers have received over 500,000 claims so far.
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- August 6 2021
Insurers wary as Singapore targets digital assets
MAS has licensed its first crypto exchange, but such assets are still difficult to insure.
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- August 5 2021
CBIRC extends capital rules for ceding reinsurance to Hong Kong
China regulator says the policy can help the SAR become a global risk management centre.
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- August 3 2021
Axa XL helps spark Axa H1 2021 profit jump
In Asia, the wider group's underlying profit was €658m compared with €685m in H1 2020.
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- July 30 2021
China’s insurers to manage Henan flood losses: AM Best
Rating agency cites portfolio diversification and state reinsurance protection as mitigating factors.
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- July 30 2021
Global supply chain woes to keep pressure on cargo premiums
Delays are becoming more costly but can’t be insured at affordable prices.
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- July 29 2021
Asia sees growing potential in agriculture (re)insurance
Asia will soon generate 50% of global agriculture premiums according to a Lloyd's webinar.
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- July 28 2021
Asia pricing saw 6% growth in Q2: Marsh
The increase was driven by property, financial and professional lines.
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- July 28 2021
ZYIC maintains credit rating despite Henan flooding
AM Best cautions that the full extent of claims in the province is still unknown.
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- July 28 2021
China’s flood defences must be combined with insurance
Extreme flooding in Henan highlights the importance of a functioning risk transfer market.
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- July 26 2021
Henan’s heavy flooding triggers over US$800m of claims
Typhoon In-Fa expected to bring even more problems in the coming days.
