Country: China Page 29 / 84
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- May 24 2021
China’s non-life underwriting margins to remain depressed in 2021: Fitch
Motor insurance reforms caused GWP to drop 30% on renewals despite increase of new vehicle sales.
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- May 18 2021
China premium income rises 7.8% in Q1 amid Covid recovery
CBIRC data shows reinsurers were the top performers as assets grew 9.2% to over Rmb540bn.
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- May 17 2021
Gallagher’s China loss is Aon’s gain
The omission of China and HK from the Willis Re sale is a great deal for Aon.
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- May 13 2021
Gallagher agrees deal for Willis Re
The agreement excludes reinsurance assets in Hong Kong and China and helps Aon's purchase of WTW.
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- May 11 2021
Allianz’s GI China JV underwriting performance to feel pressure: Fitch
Expansion into health market is key reason cited by the rating agency, but outlook remains stable.
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- May 10 2021
Asian Re’s loss ratio deteriorates as cat losses bite: AM Best
Underwriting results remain volatile with Asian Re's five-year average COR exceeding 125%.
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- May 4 2021
Tencent-backed insurtech Waterdrop ups US IPO target to US$360m
The firm is confident it can capture China's underserved health insurance market.
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- April 22 2021
Chinese insurtech Leapstack targets Korea and Japan
Artificial intelligence medical payments firm eyes Asia expansion.
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- April 20 2021
Q&A: Aon Re’s Qin Lu on China’s ‘unprecedented’ digital opportunity
Greater China CEO reflects on foreign investment, renewals, the GBA, P&C reforms and Covid-19.
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- April 19 2021
China’s Waterdrop plans NYSE IPO
The insurtech saw GWP top US$2bn in 2020 according to a regulatory filing.
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- April 9 2021
‘Realistic’ capacity has decreased in China’s upstream market: WTW
There is currently around US$500m of upstream capacity.
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- April 1 2021
China Strategic eyes Hong Kong Life: report
Any deal could be worth between US$400-500m.
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- March 29 2021
China Pacific Insurance profits decline 11.4% in 2020
The insurance giant saw new life business fall 27.4% while non-motor P&C GWP grew 30%.
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- March 24 2021
AIA acquisition of BEA Life a sign of things to come
Hong Kong insurer pays US$650m and inks 15-year bancassurance partnership.
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- March 24 2021
China’s insurers see data protection as main digital barrier
Geneva Association survey ranks the PRC as the most "accommodating" market globally as pandemic drives digitalisation.
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- March 23 2021
CXA shutters Vietnam office as it ‘consolidates’ due to Covid-19
The insurtech sold its Singapore and Hong Kong brokerages in February.
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- March 23 2021
China FDI changes won’t spur insurance gold rush
Replacing ownership caps with a national security review is unlikely to open the investment floodgates, experts tell IAN.
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- March 19 2021
GBA insurance plans hindered by data law diversity
Market remains bullish but cross-border transfer rules need work, experts tell IAN.
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- March 19 2021
Swiss Re’s coal pledge sets a marker
Cutting thermal coal exposure from treaties puts pressure on competitors to follow suit.
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- March 18 2021
Hong Kong’s digital insurers need ‘time’ amid mixed results
Insurance Authority data for 2020 shows some large gaps between premiums and expenses.
