Perfect storm for Chinese life companies
May 13 2016 by Nick Ferguson
MORE FROM: China
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Asia accounts for 40% of nat cat economic losses in Q1: Gallagher Re
- April 18
Driven by the Noto Peninsula earthquake, Asia had US$17bn in losses for the first three months of the year, making it the only region with above-average Q1 losses.
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Fitch downgrades outlook for Sinosure, China Taiping group entities after sovereign rating action
- April 16
The negative outlook reflects a potential decline in the willingness and ability of the government to support insurers with weaker standalone credit quality.
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HK Insurance Authority courts Chinese insurers, municipalities to grow cat bond hub
- April 15
The regulator is reaching out to Chinese (re)insurers and local governments as it seeks to entice potential cat bond issuers to the city and build an insurance-linked securities hub for the Greater Bay Area.
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Axa’s Bermudan unit completes acquisition of XL Re China
- April 4
The reinsurer will renamed and operate as a member of the French insurance group, focusing on developing products for the Chinese market.
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