China

AIA continues Mainland China expansion with regulatory approval for Zhejiang branch

November 26 2024

The branch approval marks the fourth for AIA in Mainland China over the last month.

Rare Earth Partners targets marine, liability, and personal injury in Shanghai venture

November 26 2024

CEO hopes to make a splash in China’s under-served specialty market.

nfra-chief-calls-for-shift-to-value-driven-growth-in-insurance-sector

NFRA chief calls for insurance sector to shift to value-driven growth model

November 25 2024

Li Yunze says industry should integrate sustainable practices and strengthen asset-liability management to enhance resilience in the sector.

zking-p-and-c-continuing-to-reduce-exposure-to-riskier-business-fitch

Zking P&C continuing to reduce exposure to riskier business: Fitch

November 23 2024

Fitch affirms 'A-' IFS rating citing strong capitalisation and government, with Chinese insurer continuing to reduce exposure to guarantee insurance business.

AIA elevates Fisher Zhang to Regional Chief Executive

November 22 2024

Zhang will take on responsibility for China, South Korea, and Vietnam, pending regulatory approvals.

China Re sees net profit boost thanks to non-life direct and reinsurance portfolios: AM Best

November 18 2024

AM Best affirms China Re's 'Excellent' financial ratings and stable outlook amid consistent growth.

SunCar Technology launches digital motor insurance platform in China

November 13 2024

Insurtech partners with Wuhan JIDU, a JV between tech giant Baidu and automaker Geely.

fitch-downgrades-china-huanong-p-and-c-rating-on-thin-capital-buffers-and-investment-losses

Fitch withdraws China Huanong Property & Casualty's IFS Rating

November 12 2024

The insurer's rating was downgraded in July, with withdrawal following Huanong's decision to cease participation in the rating process.

AIA China receives regulatory approval to open new branch in Chongqing

November 12 2024

Once final approvals are obtained, AIA’s Chongquing branch would become the company’s eighth expansion in Mainland China since 2019.

ZhongAn's performance remains subject to investment volatility despite stable COR: AM Best

November 11 2024

AM Best affirms ratings with online insurer seeing its stable combined ratio being offset by investment and non-insurance risks.

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