Country: China Page 31 / 88
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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.
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- July 26 2021
China Re expects large profit increase in first half
The Chinese reinsurance player noted that it has seen improved underwriting earnings overseas.
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- July 23 2021
Asia’s renewable projects poised to squeeze capacity
The region is set for US$200bn of investment in wind farms over the next five years and often in nat cat prone areas.
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- July 21 2021
China’s Henan province sees ‘thousand-year’ floods
Ping An P&C has already received 13,000 claims and that number is expected to rise sharply.
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- July 20 2021
Typhoons threaten agriculture in three China provinces
Ministry of Agriculture urges insurers to settle any claims promptly amid uncertainty over landfall.
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- July 19 2021
China puts Dajia Insurance on the auction block for US$5.2bn
Beijing is selling off the caretaker firm managing the assets of the now defunct Anbang Insurance Group.
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- July 16 2021
China sees 5.2% premium growth in H1 2021
CBIRC figures show total premium income hit US$449bn by the end of June.
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- July 15 2021
China to drive Asia premium growth in 2021, 2022: Swiss Re
Consumers in the region are increasingly comfortable using digital channels.
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- July 15 2021
Asia’s energy insurers eye green hydrogen boom
New plants and pipelines worth billions of US dollars will need innovative risk solutions.
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- July 14 2021
Global Atlantic inks US$4.8bn Axa China/HK reinsurance deal
This is the US annuity and life (re)insurance player's first venture in the APAC region.
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- July 13 2021
Sichuan floods to cause ‘surge’ in commercial property, motor claims
Crawford's Hong Kong manager tells IAN ongoing floods could lead to complete motor vehicle losses.
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- July 9 2021
China’s Aon/WTW approval highlights a wide-open market
The antitrust regulator's ambivalence highlights a huge opportunity for foreign brokers.
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- July 7 2021
China premium growth slows in first 5 months of 2021
Changes to critical illness cover was one of the primary drivers, analyst tells IAN.
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- July 5 2021
Why Hong Kong will beat Singapore in ILS race
Chinese risks have an obvious home in the Special Administrative Region.
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- July 2 2021
ZYIC taps Qianhai Re and AnHua for XOL cover
Insurer tells IAN reinsurance expenses increased in 2020 to deal with agri-cat risk.
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- June 30 2021
AIA bets big on red with China Post Life stake
The Hong Kong firm became China’s only wholly foreign owned life insurer last year.
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- June 28 2021
Chaucer, China Re launch BRI consortium
The new Lloyd's venture will initially underwrite political violence risks.
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- June 25 2021
PICC Hong Kong to continue reinsurance dependence
AM Best report notes the insurer's inward reinsurance premium was around US$155m in 2020 -- an increase of 11.7% over the previous year.
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- June 23 2021
CBIRC to increase oversight of insurance execs’ qualifications
The new regulations will come into force on July 1, 2021.
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- June 22 2021
China Re’s Hong Kong unit ‘strategic’ to wider group
AM Best upgrade comes after a US$258m capital injection from China Re Life.
