Country: China Page 40 / 84
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- March 24 2020
ZhongAn narrows losses to US$64m, sees premium boost
Insurtech bolstered by strong FY 2019 investment returns but failed to make an underwriting profit.
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- March 23 2020
CPIC’s profits climb 54% for 2019, warns on 2020 outlook
A strong rise in investment income bolstered earnings but Covid-19 will see growth stall.
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- March 20 2020
Asia’s life players face major headwinds
Chinese and South Korean firms are particularly exposed to the economic uncertainty.
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- March 13 2020
Hyundai Insurance China’s US$158m sale approved
Didi Chuxing and Legend Holdings are behind the moves for the P&C (re)insurer.
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- March 11 2020
How digital is shaping Asia’s P&C claims
Tech such as AI is transforming personal lines which could translate to commercial.
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- March 6 2020
Hong Kong’s AMTD to IPO broking and digital arm: report
The IPO could be in New York or Singapore.
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- March 4 2020
Covid-19 rattles supply chains and reveals BI shortfall
'Just in time' supply and lack of diversification bring greater risks which aren't necessarily well covered.
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- February 28 2020
Covid-19 could trigger World Bank pandemic bond payout
The likely US$132m sum could help prove merits of parametric structures.
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- February 26 2020
Covering China’s renewable energy surge
China's ambitious targets mean increased (re)insurance demand but heightened complexity.
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- February 25 2020
Taiping Re’s Polly Ho on typhoons, the GBA and BRI
The reinsurer understands the challenges and opportunities of the flagship initiatives.
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- February 24 2020
China’s regulator ends two-year Anbang takeover
The CBIRC took control of Anbang in February 2018 after its chairman was arrested.
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- February 24 2020
Covid-19 to impact L&H, but rebound expected: Ping An
While sales will be affected, its health platform sign-ups have surged.
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- February 14 2020
Coronavirus spreads China M&A opportunity
Prudential and others may find China's regulator in a welcoming mood.
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- February 13 2020
Reinsurers start blockchain journey as B3i eyes Asia
The platform is looking to target more members and a trial in Asia this year.
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- February 12 2020
China’s Huize completes US$55m Nasdaq IPO
The online broker was originally looking to raise as much as US$150m.
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- February 10 2020
China and HK’s life firms face headwinds amid growth
Premiums increased robustly in 2019 but valuations to be impacted by coronavirus and stockmarkets.
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- February 10 2020
Prudential seeks full control in China: report
British insurer is in a joint venture with Citic and any move would follow regulatory changes.
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- February 7 2020
Scor reduces China exposure and reveals Hagibis hit
The French giant also revised its Typhoon Faxai impact and cut its P&C global 1.1 renewal book.
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- February 6 2020
Hannover Re’s renewals boosted by APAC growth
The German player has "substantially" increased P&C positions with stable pricing and conditions.
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- February 6 2020
China’s majors to post large 2019 profits amid coronavirus
Expect some stellar profit increases after tax cuts and higher investment returns.
