COSCO SHIPPING Captive Insurance has ratings affirmed, benefiting from strong support from its parent company and having registered net profits annually since inception.
Bin was sentenced to death for taking bribes and concealing overseas deposits; a two-year reprieve commuted his sentence to life imprisonment without parole or sentence reduction.
Despite operating losses and a challenging investment landscape in 2022, Ping An Health Insurance remains robust with AM Best affirming its A- ratings due to strong balance sheet and shareholder suppo...
China's National Administration of Financial Regulation (NAFR) reduces risk weightings for insurance companies' holdings in a bid to stimulate the nation's underperforming stock market.
Expansion of tax incentives to address challenges of an ageing population will increase demand for private health insurance, though the change isn't without its risks.
HSBC Insurance Brokerage receives concurrent approval for insurance brokerage and fund sales, as it targets China’s high-potential RMB 28.8 trillion market.
Major Chinese insurers are unlikely to face a crisis due to the country's falling property market, however the extent of exposure for smaller and privately backed players is unclear.
