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Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Monday, October 5, 2026

China

202406-SouthernChinaFloods
Insurance claims for June floods in southern China reach US$440m: NFRA
July 12 2024
Insurers have received 95,000 claims, with 1.1bn yuan (US$151m) in payments and pre-payments isssued so far, says regulator.
mapfre-re-strengthens-china-presence-with-approval-of-onshore-branch
MAPFRE RE strengthens China presence with approval of onshore branch
July 5 2024
MAPFRE RE gains regulatory approval for Beijing branch, as reinsurer looks to strengthen its presence and diversify its portfolio in the country.
china-revises-response-laws-to-improve-handling-of-nat-cats-and-other-emergencies
China revises response laws to improve handling of nat cats and other emergencies
June 29 2024
Revisions to Emergency Response Law introduce stricter rules and larger penalties for handling of natural catastrophes, accidents, and public health emergencies.
chinas-motor-insurance-segment-to-hit-us150bn-by-2028-globaldata
China’s motor insurance segment to hit US$150bn by 2028: GlobalData
June 25 2024
5.4% annual GWP growth forecasted, but regulatory premium cap restricts smaller insurers in EV market.
Southern China rain and floods
Insurance claims hit US$85m as heavy rain and floods ravage southern China
June 24 2024
Dozens of lives lost and hundreds of thousands affected, with NFRA reporting 18,400 insurance claims so far.
chinas-life-insurers-can-learn-from-japans-low-yield-strategies-swiss-re-institute
China’s life insurers can heed lessons from Japan’s low-yield strategies: Swiss Re Institute
June 24 2024
Declining investment yields means China is facing challenges similar to those seen during Japan's "lost decades."
nfra-chief-urges-chinas-insurance-industry-to-innovate-and-expand
NFRA chief urges China's insurance industry to innovate and expand
June 19 2024
Speaking at the 15th Lujiazui Forum, Li Yunze emphasised the key role insurance will play in China's modernisation efforts.
chinese-insurers-facing-profitability-risks-from-property-investments-moodys
Chinese insurers facing profitability risks from property investments: Moody's
June 17 2024
Moody's warns of material risks, particularly in alternative investments where risk exposure is unclear even to insurers.
chinas-regulator-sets-framework-for-inclusive-insurance
China's regulator sets framework for inclusive insurance
June 6 2024
NFRA issued new guidelines to promote the development of inclusive insurance in China, focusing on broad coverage, affordability, fairness, and sustainability.
tk-cn-insurances-a-ifs-rating-upheld-by-fitch-as-online-insurer-eyes-premium-expansion
Tk.cn Insurance's 'A-' IFS rating upheld by Fitch as online insurer eyes premium expansion
June 5 2024
COR increased to 96.6% in 2023 due to increased liability claims, but Fitch notes overall stable profitability and significant capital support.
seadrif-engages-gallagher-re-for-reinsurance-broking-and-risk-advisory-services
SEADRIF engages Gallagher Re for reinsurance broking and risk advisory services
June 5 2024
SEADRIF says it appointed the reinsurance broker to help enhance its climate and disaster risk finance capabilities in the ASEAN+3 region.
chinas-insurance-premiums-grow-steadily-in-q1-2024-but-claims-surge
China's insurance premiums grow steadily in Q1 2024, but claims surge
June 3 2024
Premium increase 5.1% YoY, to 2.2 trillion yuan (US$303.80bn), however claims spike 47.8% to 735.2bn yuan (US$101.49bn), according to NFRA data.
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