Country: China Page 27 / 79
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- December 29 2020
RCEP to comprise 25% of global premiums
Asian trade deal will come into force in 2021 and boost premiums by US$9.6bn by 2030.
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- December 28 2020
China warns insurers over ‘arbitrary’ expansion
The new CBIRC regulations come amid an environment of increased government oversight.
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- December 22 2020
Diverse legal systems to constrain GBA for decades: Fitch
Motor insurance is one example where Hong Kong, Macau and the mainland have divergent regimes.
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- December 22 2020
China, Hong Kong M&A 2020 review
Ageas, Ergo, HSBC Insurance, FWD and Peak Re all closed noteworthy deals this year.
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- December 18 2020
Asia insurtech fundraising 2020 review
Waterdrop’s US$230m “mega round” with Swiss Re was the largest deal this year.
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- December 18 2020
Hong Kong brokers eye GBA specialty market: CIB forum
Association panel discussion highlights cross-border opportunities and shrinking talent pool.
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- December 16 2020
Tencent’s reinsurer plans to face regulatory headwinds
The firm’s insurance platform WeSure was hit with a CBIRC fine in August over misleading marketing.
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- December 15 2020
China P&C premiums up 7% as normalcy returns
Health has been the biggest contributor to non-life premium growth — up almost 36% this year.
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- December 14 2020
HK CIB eyes GBA opportunities
The professional organisation represents more than 200 insurance brokers in Hong Kong.
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- December 9 2020
MS&AD completes acquisition of CBA’s BoComm Life
Japanese insurer finalises long awaited China deal.
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- December 9 2020
CBIRC head flags digital P&C growth
Insurtech set for more oversight as premiums increase by 44% in H1 2020.
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- December 8 2020
Zurich’s HK chief warns of ‘serious interruptions’ over US-China tensions
Washington’s blacklist of Chinese firms is making insurance arrangements and underwriting tougher.
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- December 7 2020
Australia should increase flood mitigation: Geneva Association, IAG
Government’s current approach heavily predisposed to response and recovery.
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- December 7 2020
Insurtech partnerships to drive Asia’s digital acceleration
Q3 saw significant deals inked in China and Indonesia.
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- December 4 2020
DouBao, EasiTech, Ignatica eye digital sales platform
Insurtechs target US$5bn in new GWP sales per year taking Amazon and Netflix as inspiration.
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- December 3 2020
Anbang loses US court case over failed US$5.8bn hotel deal
South Korea’s Mirae Asset Daewoo walked away saying key conditions not met.
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- December 2 2020
Hong Kong enters ‘new era’ as Belt & Road risk hub
Insurance Authority official touts SAR's ability to provide solutions for mainland companies.
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- December 2 2020
HK life market still attractive despite Tahoe’s likely sale
Tahoe Life is drawing interest from several Chinese players.
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- November 30 2020
Samsung Fire & Marine signs joint venture with China’s Tencent
Deal with South Korean digital giant Kakao failed over access to motor insurance business.
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- November 26 2020
MAS calls for more cooperation with China on catastrophe cover
Singapore’s regulator is targeting joint initiatives for flood-torn Chongqing.
