China
China's P&C sector profits endangered over auto insurance reform
Auto insurance premium rates are expected tof all over the next two years.
China's P&C sector profits endangered over auto insurance reform
Auto insurance premium rates are expected tof all over the next two years.
China allows AIA to convert Shanghai branch into subsidiary
It is now the first foreign-owned life insurance subsidiary in the mainland.
Chinese insurers' insolvency still strong, but risks persist
Both life and P&C insurers can suffer from insolvency drops this year.
Ping An to counter COVID-19 with technology
The insurer has moved all of its face-to-face communications online.
Coronavirus likely to hurt Ping An's business in H1 2020
Agent-driven sales have slowed down due to the virus.
China's insurance sector face limited impact from coronavirus
But prolonged disruption could hurt their investments.
Allianz China Insurance, Allianz SE form joint coronavirus emergency fund
The $570,040 (RMB4m) initial pledge will support frontline workers in Hubei Province.
Ping An's CT imaging vehicle at Wuhan to help treat pneumonia related to 2019 nCov
Medical staff can perform lung CT scans faster for patients in quarantine.
Ping An's CT imaging vehicle at Wuhan to help treat pneumonia related to 2019 nCov
Medical staff can perform lung CT scans faster for patients in quarantine.
Chinese life insurance premiums to hit 13% in 2020
Traditional life insurance and health insurance to hit 10% YoY and 26% YoY.
Ping An Insurance profits skyrocketed 77.1% to $6.76b in Q1
Gross written premiums jumped 8.4% to $40.73b.
China OKs first JV firm in pension insurance sector
The country is gearing up to embrace more overseas-funded players to engage in its financial market.
ZhongAn Online premiums hit $1.68b in 2018
The company is China’s first online-only insurer to break the $1.49b premium mark.
China Life's insurance premiums surge 22.4% to $28.17b in January-February 2019
This compares to the 4.7% growth in the same period last year.
China to eclipse US as world's largest insurance market by 2030s
The CAGR hit 16% for the non-life segment and 17% in life from 2013-2017.
China Re unveils renewable energy consortium for Chinese offshore windfarms
The consortium can provide capacity of up to $225m per risk.
Chinese insurers premium income up 24% in January
Premium income hit $126.61b at the start of the year.
Thought Leadership Centre
Most Read
1. Aon to acquire Mitsubishi Chemical Group’s insurance agency 2. Singapore’s life insurance slated for $43b premiums in 2029 3. MAS updates rules on life insurance product launches 4. APAC emerges as leader in renewables insurance 5. Rising healthcare costs drive growth in Indian insurance: McKinseyResource 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.
