China

AM Best revises outlook for Ping An Health to positive citing sustained operating result improvement

September 9 2024

Contributing to its performance is the company’s continuous expansion into the medical insurance business, led by its flagship product, E Sheng Bao.

ping-an-looking-to-raise-us3-5bn-through-convertible-bond-reports

Ping An reports 15.7% rise in P&C underwriting profit, 11% growth in NBV for 1H 2024

August 23 2024

Chinese insurer shows balanced growth, with strong contributions from both P&C and Life segments.

cppic-ratings-affirmed-by-sampp-amid-underwriting-volatility-from-large-loss-events

China Pacific Property Insurance's ratings affirmed amid underwriting volatility from large-loss events

August 22 2024

S&P affirms insurer’s ‘A’ ratings, expecting CPPIC to have a combined ratio of 96%-99% over the next two years.

Chinese digital insurance broker Leading Group to go public via SPAC merger

August 16 2024

The merger with Healthcare AI Acquisition Corp on the Nasdaq will value Leading Group at approximately US$430m.

China’s NFRA sets new solvency rules for online P&C insurers

August 15 2024

New guidelines will make it easier for some insurers to expand their presence, but industry faces restrictions on online specialty and motor policies.

chinas-mortality-protection-gap-shrinks-6-in-2023-swiss-re

Mortality protection gap in China narrows as life insurance penetration rises

August 13 2024

Swiss Re reports a 6% reduction in China's mortality protection gap last year, though significant regional disparities remain.

Lloyd’s and Lloyd’s China's ratings upgraded following improved underwriting performance

August 12 2024

Expense ratio continues to be higher than peers, but actions are being taken to reduce the cost of placing business at Lloyd’s, says AM Best.

chinas-insurers-see-33-1-surge-in-claims-in-first-half-of-2024

China's insurers see 33.1% surge in claims costs in first half of 2024

August 12 2024

Key figures from the regulator reveal a notable rise in assets, but a rise in claims and benefits paid amid a series of floods this year.

China, Japan life insurers top Asia Pacific list for capital raising in 1H 2024

August 6 2024

Asia-Pacific insurers raised over US$10 in 1H 2024, with East Asian life insurers dominating the top spots.

Angel Ng joins Prudential as Regional CEO for Greater China, Customer and Wealth

August 5 2024

Angel Ng joins insurer from Citi, as Lilian Ng—Managing Director of the Strategic Business Group—announces retirement.

am-best-revises-hyundai-insurance-chinas-outlook-to-negative-amid-underwriting-risks-and-capital-erosion

AM Best downgrades Hyundai Insurance China's outlook due to underwriting risks and capital erosion

August 5 2024

Ratings affirmed, but negative outlook assigned with short to medium-term losses projected to erode capital.

tesla-registers-insurance-brokerage-firm-in-china

Tesla registers insurance brokerage in China

August 5 2024

Move signals Tesla's renewed efforts to sell insurance products directly to consumers in China.

Previous 1 … 35 36 37 38 39 … 54 Next