China

small-and-medium-chinese-p-and-c-insurers-face-profitability-challenge

China's small and medium insurers face profitability challenge

September 13 2024

Big three P&C insurers benefit from economies of scale and brand recognition which creates a challenging environment for small and medium size insurers.

China announces new regulations to tighten oversight of insurance industry

September 13 2024

China’s state council has presented a set of new regulations, aimed at strengthening risk management, governance, and expanding global operations.

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.