Country: China Page 32 / 84
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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.
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- November 26 2020
Greater China Willis Towers Watson director to leave
IAN also understands WTW has named a replacement to oversee the China financial lines portfolio.
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- November 26 2020
HKIA chair says GWS framework on track for H1 2021
The regulator is also set to publish its first risk and solvency assessment reports in June.
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- November 24 2020
China’s Waterdrop raises additional US$150m from Tencent: report
Chinese giant increases stake in healthcare start-up which could be valued at US$4bn.
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- November 23 2020
China’s autonomous driving tech rings changes for insurers
New technologies being developed by Didi are disrupting the market's view of the future.
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- November 16 2020
CBIRC warns on “irrational exuberance” and “oligopolies”
A build up of debt in the financial system and a rush towards innovation are worrying the regulator.
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- November 13 2020
Chinese insurers eye US$1bn Tahoe Life deal: report
Ping An and Sunshine Insurance have been named as potential buyers.
