China

Can China’s $140b motor insurance market survive a 70% loss ratio?

Loss ratios surged from 57% to 70% in four years as NEV repair costs and parts prices spiked.
3 days ago

China adds 114 drugs to national medical insurance list

The country’s commercial insurance innovative drug list now has 19 medications.

South China Insurance capital rises to $298m

AM Best said underwriting performance is likely to remain steady.

Min Xin Insurance taps Hong Kong bancassurance, mainland inward business

Capital injections also lift AM Best’s outlook for the insurer.

Can Huatai P&C accelerate commercial lines under Chubb?

S&P expects the insurer to benefit from Chubb’s expertise in underwriting, and more.

Munich Re names Eric Zhao CEO, Beijing branch

Zhao will report to Steve Zhang, CEO of Life & Health Greater China.

Clyde & Co names Patrick Peng to lead China corporate

Peng joins from the Hong Kong Insurance Authority.

Chinese insurers expand digital solutions to customise coverage

Underwriting remains disciplined and selective as insurers prioritise achieving profitability. 

AIA China poised for double-digit new business growth through 2030

New geographies will be its core growth engines, says UOB Kay Hian.

China's non-life insurance sector should remain stable: AM Best

Insurers continue to face weak domestic demand, the agency said.

China Re maintains strong capital position over short to medium term

AM Best highlighted that China Re’s investment mix has stayed largely stable.

China’s non-life insurance market shifts focus toward specialty lines in 2024

Motor insurance remains the largest segment at about 54% of premiums.

Ping An strengthens insurance plus rehab model with new facility

The facility is linked to Ping An Health Insurance’s direct payment system.