China
Yingda Taihe Property Insurance expected to keep low investment risk
It’s risk-based capitalisation was supported by increased retained earnings.
Yingda Taihe Property Insurance expected to keep low investment risk
It’s risk-based capitalisation was supported by increased retained earnings.
China to boost commercial insurance annuities
It also plans to establish a regulatory framework for its supervision.
P&C insurance profits bolster ZhongAn's performance
AM Best expects ZhongAn’s to continue facing challenges from investment fluctuations.
BOCG Insurance's liquidity sufficient for liabilities: AM Best
The company’s 2023 capital and surplus was driven by underwriting and investment income.
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.
AXA rebrands China reinsurance arm to AXA International Re
The change is effective 16 October.
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.
How are new energy vehicle sales shaping China's insurance market?
NEV sales saw a 33.3% increase in Q1 2024.
Cheche and Tokio Marine boost China insurance ties
Tokio Marine & Nichido Fire Insurance was the first Japanese insurer to enter China.
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Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
