China

S&P expects Liberty China to outpace industry growth over next two years

August 5 2026

The insurer's push into non-motor and commercial lines is expected to help it grow faster than China's broader P&C market.

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.

Overhead view of a cargo ship at sea with colorful translucent line and area graphs overlaid, signaling data analytics in shipping logistics as it moves.

China P&I reports investment-led loss as underwriting profitability edges up – AM Best

August 4 2026

The ratings agency affirmed the club's FSR of A- (Excellent) and Long-Term ICR of “a-” (Excellent), both with stable outlooks

Seismograph-like waveform on a grid with a red bullseye target at the center of concentric circles overlapping the signal, right around the origin.

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.

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