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Emerging risks | Growth Opportunities | APAC Insurance

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Wednesday, August 5, 2026

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China

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Health drives China non-life gains, but life fall tips May premiums into decline
August 4 2026
Total industry premium income fell 1.5% to CN¥457.83bn (US$67.6bn), the first annual decline of the year.
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Japan issues tsunami warning after 7.1 quake; twin tremors hit western China
July 28 2026
Powerful tremors struck Japan's Kumamoto prefecture, while twin earthquakes measuring 5.7 and 5.8 hit China's Qinghai province.
Close-up map of southern China showing Guangzhou, Shenzhen, and Hong Kong with road lines and coastlines.
Typhoon Noul drives Shenzhen losses, Guangdong catastrophe prepayments
July 27 2026
In Shenzhen alone, insurers received 1,212 claims worth CNY18.37m (US$2.71m).
City skyline at sunset overlaid with colorful translucent line and area charts representing data trends and growth.
S&P withdraws Chubb China ratings after Huatai integration
July 27 2026
The move follows Chubb China's dissolution, with its capital likely to be redeployed within the wider group.
Close-up of a blue map showing China with colorful push pins marking locations in red, yellow, and green.
China insurers' claims payouts for July typhoons, floods top US$500m
July 24 2026
Payouts have risen more than 20% since 13 July, when insurers reported nearly 380,000 claims.
Two yellow vans partially submerged in muddy floodwater on a city street, with trees, a river, and tall buildings in the background.
APAC catastrophe losses remain subdued in H1 2026 as global protection gap widens: Aon
July 22 2026
The region's costliest event was seasonal flooding in China, which generated approx. US$4.9bn in economic losses.
AI chip symbol representing AI expansion in P&C insurance by Ping An.
Ping An reports 80% efficiency gain as AI expands across P&C operations
July 21 2026
The insurer said automation has cut motor policy processing times, doubled underwriter capacity and strengthened risk screening.
Joe Liang, reinsurance executive chairman for Greater China at Aon, in front of Hong Kong skyline.
Aon names Joe Liang as reinsurance executive chairman for Greater China
July 20 2026
The Hong Kong-based actuary joins after a career spanning senior underwriting and reinsurance roles at Ping An P&C and SAIC Insurance in China and the US.
Angus Cheung, promoted to lead hull and liability at QBE North Asia.
QBE promotes Angus Cheung to lead hull and liability in North Asia
July 17 2026
Cheung, who has spent nine years at QBE, takes on a wider remit across Greater China, Vietnam and Japan.
Fallen tree blocking a city street after a typhoon in China, causing disruption.
China insurers field 380,000 claims as July typhoon, flood claims approach US$1bn
July 17 2026
The figures cover losses from typhoons Maysak and Bavi and wider July flooding, with insurers having already advanced CNY2.89bn (US$427m) to policyholders across Zhejiang, Guangxi and Hubei.
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