China

Ping An P&C fields 27,000 Typhoon Dolphin claims, estimates nearly US$100m in payouts

August 12 2026

Ahead of landfall, the insurer sent 48.99 million warnings through its Eagle Eye platform, inspected 2,458 flood-prone sites and helped move more than 2,770 vehicles out of harm's way.

Empty train station platform with boxes and 'In Force' sign, early exit door, and clock.

Asia's life insurers rethink products as surrender trends test customer retention

August 12 2026

Policy surrenders have surpassed maturity payouts in India, while Korea has seen cancellations rise 62.7% in early 2026.

Close-up map highlighting China and surrounding Asian countries like India, Nepal, and Bhutan.

Insurers begin Typhoon Dolphin payouts after storm hits eastern China

August 10 2026

Early motor and property claims have been settled in Zhejiang and Shanghai.

Hong Kong dollar and Chinese yuan coins and banknotes, reflecting offshore finance.

Jefferies sees upside in China's offshore insurance tax move despite sales concerns

August 10 2026

Analysts said Thursday's sell-off in Hong Kong-listed insurers was overdone and expect shares to recover further.

Aerial view of a long bridge crossing a calm bay toward distant mountains, with a green parkway and multi-lane road below.

China tightens offshore insurance tax collection, pressuring Hong Kong insurers — Reports

August 6 2026

Shares in Hong Kong's major insurers closed 4.6% to 6% lower, having pared losses that ran deeper in morning trading.

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.

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