China Taiping Insurance (HK)
China Taiping Insurance is the longest-running Chinese national insurance brand. It operates across mainland China, Hong Kong, Macau, Asia, North America and Europe, has 600,000 employees, 24 subsidiaries and nearly 2,000 business outlets.
See below for the Latest China Taiping Insurance (HK) News, Analysis, Profit Results, Share Price Information, and Commentary.
Stable underwriting improves China Taiping Insurance's outlook
Stable underwriting improves China Taiping Insurance's outlook
Capital and surplus increased by 2.4% in 2023, reaching $679m.
China Taiping set to maintain strong market position
The group reported $10.51b in outstanding debt as of June, down from $11.90b last year.
Investment stability anchors Taiping Reinsurance despite impairments
In 2023, TPRe recorded a net profit of $42.74m.
China Taiping’s net profit leaps 19.4% YoY in H1 2024
EPS stood at HK$1.54.
Asia Pacific composite insurers exceed profitability standards
Their Fitch-calculated financial leverage ratios stay adequate with their ratings.
Investment income to steer China Taiping Insurance’s bottom line: AM Best
CTPI is expected to maintain a prudent investment strategy and stringent risk management in the future.
China Taiping sees 77% profit growth to $5.11b in H1
Total premiums written and policy fees over the period stood at $157b.