Country: China Page 37 / 84
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- July 22 2020
CBIRC urges insurers’ support for flood-hit regions
Direct economic losses have soared past US$12bn.
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- July 21 2020
HK’s financial regulators restate security bill commitment
Financial secretary Paul Chan urges regulators to clarify the law and reassure stakeholders.
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- July 20 2020
China’s worst floods in 30 years renews focus on risk
Greater public-private collaboration and advanced modelling is needed.
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- July 20 2020
China seizes insurers linked to billionaire Xiao Jianhua
The Chinese state takes control of several firms linked to Xiao after discovering irregularities.
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- July 20 2020
Chinese insurers record healthy H1 premium growth
Life and P&C players are experiencing a solid uptick in sales compared with 2019.
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- July 17 2020
Hong Kong passes bill to reduce insurers’ profit tax
The Insurance Authority says the changes will fortify the city's competitiveness.
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- July 17 2020
China to remove restrictions on insurers’ equity investments
Chinese insurers hold over US$3 trillion in assets.
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- July 15 2020
Securities class action and D&O ramping up worldwide: report
Australia's "thriving" litigation activity has led to a surge in D&O costs and demand.
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- July 13 2020
Tahoe Group exploring sale of Tahoe Life: report
A sale for the troubled Chinese conglomerate could raise US$1bn.
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- July 10 2020
Chinese motor reforms are “credit negative” for insurers: Moody’s
The regulator's sweeping changes could increase loss ratios from 60% to 75%.
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- July 9 2020
Insurance Authority’s Cheung on HK’s regulatory path
The regulator wants to promote confidence in HK's market potential, and its cross-border tie-ups.
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- July 6 2020
HK life players double down on GBA with agent hiring spree
Market players remain bullish about cross-border growth.
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- July 2 2020
Ping An appoints new co-CEO
The firm's chief financial officer steps up as the founder of the Chinese giant steps down.
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- July 2 2020
Axa XL handed China reinsurance license in Shanghai
The specialist player will switch its business license from insurance.
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- July 1 2020
China’s rural premiums could reach US$141bn by 2025: report
State-led rural revitalisation could present significant opportunities for insurers.
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- June 30 2020
China flood losses soar to nearly US$4bn
The country is bracing for more flooding on the east coast this week.
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- June 29 2020
HK regulator’s big plans for Belt and Road Exchange
Reinsurance, captives and tax breaks for specialty risks are on the agenda.
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- June 26 2020
China Life goes clean in US$1.1bn energy fund
The largest state insurer continues to be a key investor in the country's clean energy push.
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- June 24 2020
Asia’s infrastructure boom
Swiss Re sees huge potential in the region for both premiums and investments.
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- June 24 2020
CBIRC extends capital benefits to HK reinsurance placement
The move extends mutual trust and benefits both Chinese insurers and HK reinsurers.
