China

Yingda Taihe Property Insurance expected to keep low investment risk

It’s risk-based capitalisation was supported by increased retained earnings.
3 days ago

Yingda Taihe Property Insurance expected to keep low investment risk

It’s risk-based capitalisation was supported by increased retained earnings.
3 days ago

China to boost commercial insurance annuities

It also plans to establish a regulatory framework for its supervision.
3 days ago

P&C insurance profits bolster ZhongAn's performance

AM Best expects ZhongAn’s to continue facing challenges from investment fluctuations.
4 days ago

BOCG Insurance's liquidity sufficient for liabilities: AM Best

The company’s 2023 capital and surplus was driven by underwriting and investment income.
6 days ago

China greenlights BNP Paribas, Prudential insurance firms

China’s fast assets growth last year attracted both parties.

China Pacific Insurance’s conservative pivot strengthens earnings: S&P

It has reduced its high-risk asset holdings from 48% to 24% of its investment portfolio.

Chinese life insurers boost efforts in pension finance

The sector has been named as one of the five key areas for financial sector growth in China.

AIA gains approval to expand to China’s Shandong province

It is the second most populous province in mainland China.

AIA China clinches approval to establish Anhui branch

Anhui has a population of 60 million people.

Prudential Hong Kong fast-tracks billing services in 2 Chinese hospitals

Patients can apply for pre-approval of medical expenses.

Ping An's net profits soars 36.1% YoY to RMB119.18b

Its segments collectively contributed RMB119.65b in operating profit.

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.

Unemployment insurance payouts double since 2012 in China

In 2023, 7.3 million unemployed persons received a total of $1.5b.

China to build science and tech insurance framework 

NFRA plans to introduce incentives such as rewards, subsidies, and tax benefits.

Cheche and Tokio Marine boost China insurance ties

Tokio Marine & Nichido Fire Insurance was the first Japanese insurer to enter China.