China

Leading Group eyes Chinese market expansion post-merger

The proposed transaction values Leading Group at approximately $430m.

China enhances online property insurance regulations

It will also restrict companies expanding to other services online.

Robust capital aids premium growth in China

Companies with higher IFS Ratings typically exhibit more stability.

China’s insurance pricing goes down in Q2

Automobile insurance felt ‘contraints’ in capacity. 

China P&I's investment in CMBC dominates asset portfolio

The past five years saw an average return on equity of 5.3%.

China encourages continuous medical insurance participation

Policyholders of 4-straight years are eligible for an annual increase of ~$140.

Tesla sets up brokerage to offer insurance in China

The newly established company has a capital of $6.92m.

Ping An ranks 53rd in the Fortune 500 list 2024

Marking their 15th consecutive year on the list.  

Hyundai Insurance China faces capital challenges amidst expansion

HIC is diversifying into personal lines, focusing on ride-hailing drivers and motor insurance.

How are insurers affected by China’s real estate market decline?

Regional carriers have about 8% of their portfolios in global commercial real estate.

Prudential names new regional CEO for China 

Angel Ng has more than two decades of experience in the financial services industry.

SunCar Technology lengthens partnership with China Continent 

Higher service sales from the existing partnership drove this move.

Taishan P&C’s efforts to improve underwriting boost

Increased investment in asset management products has slightly reduced liquidity.

China Re to expand role in agri and catastrophe coverage

The group is also likely to continue its international expansion.

MSI China’s capital buffers stay healthy in 2024

The insurer's Japanese-related business will continue to drive its underwriting profit.