China
Ping An Group posts 2.4% profit rise with life and health segment growth
Ping An Group posts 2.4% profit rise with life and health segment growth
New business value (NBV) surged 34.9%.
8 hours ago
AM Best says Shinkong Insurance to sustain strong profits
The insurer accounted for 16.4% of Taiwan’s domestic non-life sector.
1 day ago
Tokio Marine and Nichido Fire China maintains stable outlook
It is expected to pursue opportunities tied to Japanese-affiliated industries in China.
1 day ago
Zhibao Technology opens reinsurance unit in Labuan for expansion
It expects Zhibao Labuan to act as a minority risk taker for selected businesses.
5 days ago
Ping An Health’s Q1 2025 earnings hit $8m
70% of Ping An Life’s new business value came from health and senior care services.
5 days ago
Chinese insurers explore nonstandard securitisations
Originators want faster issuance times, even at higher funding expenses.
5 days ago
China raises equity cap for insurers to boost real economy
The government also lifted the equity asset allocation ratio for certain insurers.
China launches tip-off portal for insurance fraud reporting
Informants may receive a one-time reward ranging from$27.8 to $27,427.
Allianz Jingdong aims for profitability boost through refined risk selection
Its investment risk is expected to stay low.
Ping An cuts carbon footprint by 8% in 2024
It also boasts of a stable business performance last year.
Zhongyuan Agricultural Insurance profits from cost controls: Fitch
It’s capital position is projected to remain resilient over the next 2 to 3 years.
Generali secures full ownership of Generali China Insurance Company
The acquisition will have an estimated -1 percentage point impact.
Sunshine Insurance net profit soars 45.8% in FY 2024
The group’s customer base reached 30.19 million last year.
KBFG China seen to keep consistent underwriting performance: AM Best
KBFG China’s operating performance is also expected to remain stable.
Chinese insurers may risk AI pitfalls with DeepSeek rollout
Insurers that fail to comply may face penalties.
Ping An Insurance reports 47.8% rise in 2024 net profit
Life & Health new business value (NBV) increased 28.8% YoY.
Ping An P&C, FAW Hongqi launch intelligent driving protection services
Ping An P&C developed the first full-scenario solution for intelligent driving.
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Value migration to non-bank players with a "focused" model is accelerating.
Commentary
The increasing number of affluent individuals in India and their evolving insurance needs