China
Can China’s $140b motor insurance market survive a 70% loss ratio?
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.
13 hours 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 life premiums projected to rise from $679.5b in 2026 to $927.5b in 2030
This represents a CAGR of 7.9% in direct written premiums.
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 Life boosts NBV outlook with stronger gains expected in 2026
CGS International projects a 44% net profit rise.
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.
Zhibao Re boosts outlook with parental support and liquidity
AM Best expects short-term fluctuations because of the small initial capital.
China Pacific Insurance expects continued premium growth into 2026
New business value (NBV) grew 31% in the first nine months of the year.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
