China
New Chinese financial guidelines focus on tech and green growth
New Chinese financial guidelines focus on tech and green growth
China also aims to strengthen the multi-tiered old-age insurance system.
2 days ago
Ant Insurance processes 7.25 million health claims in 2024
Its AI-powered solution also processed 1.62 million claims last year.
2 days ago
China insurers to invest $14b in equities by 2025
If based on 2024 data estimated total fund allocation could reach $57b.
2 days ago
Ping An integrates AI, big data roles in latest recruitment
The AI aims to assist in job matching, interviews, and salary negotiations.
6 days ago
Ping An Insurance partners with UK firm for advanced flood risk management
The agreement marks JBA’s first partnership in China.
China’s FIs urged to refine services for credit support
The NFRA also highlighted the role of technology in improving inclusive finance.
New China Life Insurance's high equity allocation could raise risky-asset ratio
The company’s financial leverage ratio increased to 12% by mid-2024.
China's insurance market sees rate decreases in Q4 2024
Mainly to retain business and secure program participation.
China insurers' plan to invest in gold could boost market
The programme permits ten insurance firms to allocate up to 1% of their assets.
China's long-term care insurance covers 180m in 2024
The programme, which started in 2016, now operates in 49 cities.
China's insurers to adjust investment risk controls
Big state insurers will be directed to raise both the size and proportion of their investments.
Commonwealth Bank to sell stake in Bank of Hangzhou to insurer
The Australian bank could make about A$940m in proceeds.
EV insurance registrations surge in China during December's final week
Nio recorded 6,500 insurance registrations, up 20.37% WoW.
China's medical insurance fund reports surplus in 2024
Basic medical insurance system covered 6.7 billion outpatient settlements.
China cracks down on 300 insurance fraud rings
Over 40 operations have led to investigations into 1,400 cases since April 2024.
Sunshine Life's bancassurance channel fuels profitability
Fitch anticipates the group will continue to prioritise equity investments.
Allianz China, Fudan University partner to boost insurance research
The centre will focus on tech, risk management, and ageing population.
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Navigating risk strategies for decommissioning traditional power plants