China
Generali Asia appoints new general manager of China business
He has over 30 years’ of experience in actuarial management and life insurance.
Generali Asia appoints new general manager of China business
He has over 30 years’ of experience in actuarial management and life insurance.
ZhongAn to improve profitability and maintain solid capitalisation—analyst
But investment in tech and other business lines run a risk of straining these growths.
Ping An eyes $39.28b in green insurance premiums by 2025
The group recently released its 2021 sustainability report.
Quarantine insurance revived amidst rising COVID-19 cases in China
Financial pressure mounts following a recent surge in cases.
China logs biggest protection gap against natural disasters
The country has been plagued with major flooding events in the past years.
China Life reports slow increase of 1.3% in net profit in 2021
Growth was dragged by a decline in new business value and personnel challenges.
Swiss Re announces new China chief
The appointment is part of Swiss Re’s investment in its China market.
Swiss Re names new Greater China CEO
He was previously the General Manager of AIG International Consulting.
China to dethrone US as largest market for life insurance
Life insurance premiums in China will reach $7.12t by 2050.
Chinese insurer PICC P&C shrugs off sanctions on Russia
The insurer says their business is unaffected.
China releases new ‘blacklist’ for life insurance products
Nine clauses were added to the 73 that were on the list in 2021.
Ping An gets green light to restructure New Founder Group
Ping An will pay $7.6b to acquire 66.51% equity interest in New Founder Group.
AIA completes $1.86b investment in China Post Life
AIA now has 24.99% stake in the life insurance firm.
China scraps foreign ownership limit of insurance asset managers
The current limit is capped at 25%.
Swiss Re China president John Chen retires
Deputy Head of Swiss Re China Brian Han will take over operations.
China general insurance penetration rate below market average: analyst
This is despite the prediction that the industry would reach $313b by 2025.
Allianz gets nod for full control of China life business
It will become the first wholly foreign-owned life insurance company in China.
Thought Leadership Centre
Most Read
1. India's life insurance growth slows to 10.6% in October 2. bolttech secures $50m venture debt from HSBC, expands market 3. Life insurance premiums forecast to grow by 3% yearly until 2026 4. Prudential launches AI lab in Singapore 5. Japan’s life insurance slated for 4.7% CAGR through 2029Resource Center
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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.
