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Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Wednesday, August 5, 2026

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China

Hong Kong skyline with financial graphs overlay, related to PICC HK ratings upgrade.
AM Best upgrades PICC Hong Kong as inward reinsurance book grows
July 16 2026
The insurer's push into Chinese Interest Abroad business helped to drive double-digit top-line growth.
Vincent Wang, marine risk engineer, with ships in the background.
Markel appoints Shanghai-based marine risk engineer to build out Greater China capabilities
July 16 2026
Vincent Wang brings over 16 years of marine experience to the role.
Business professional with a cargo ship in the background at sea.
Starr taps Sparks Lai as head of marine business development for North Asia
July 16 2026
He joins from Generali Global Corporate & Commercial, where he most recently served as business development manager for marine.
Satellite image of a large hurricane swirling over the western Pacific near the Philippines and East Asia.
Typhoon Bavi: Zhejiang-based insurers pay US$11m as claims mount
July 16 2026
Ping An’s claim count surged more than fivefold in two days as insurers continued assessing losses from the storm.
Riverside village with wooden stilt houses along a muddy brown river under a cloudy sky, with green trees in the background.
Asia nat cat insured losses ease in H1 2026, but cyclone risk clouds outlook — Gallagher Re
July 15 2026
Asia recorded its lowest first-half insured catastrophe losses since 2017, but more than US$6bn in flood-driven economic losses in China underscored the region's significant protection gap.
Aerial view of a modern city with a twin-towered building by the water and a circular stadium in the foreground, under a clear blue sky.
China publishes new measures to accelerate build-out of Shanghai reinsurance centre
July 14 2026
The eight-point plan seeks to lift trading volumes, strengthen reinsurers' capital, and bring more international capacity into China's market.
Close-up of a political map focusing on China and surrounding countries, with India to the southwest.
Typhoon Bavi triggers 6,000 early claims as Zhejiang begins recovery
July 13 2026
China's insurers are processing thousands of claims following Typhoon Bavi's landfalls in Zhejiang, with Ping An, PICC and China Pacific reporting early losses and payouts.
City skyline overlaid with multicolored translucent line graphs representing data trends.
AM Best assigns A- rating to Ping An Hong Kong as underwriting margin improves
July 13 2026
The Hong Kong subsidiary swung back to profit in 2024, with the ratings agency also pointing to the importance of its cross-border role linking mainland China and Hong Kong.
Map showing China in yellow surrounded by neighboring countries in pink and purple, including India, Mongolia, Korea, and Japan on a globe-like projection
China's July floods drive 320,000 claims, US$323m in payouts so far
July 10 2026
Reservoir breaches from Typhoon Maysak drove much of the loss, with insurers bracing for more as Typhoon Bavi approaches.
Map of China with a small Chinese flag pinned to mark a location on the country outline and surrounding regions nearby in orange and blue seas.
China's insurers fast-track claims after deadly Guangxi floods, Hubei tornadoes
July 10 2026
Ping An P&C alone has reported more than 10,000 claims worth an estimated CNY110m (US$16.17m).
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The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August
Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.