China
Tugu Reasuransi Indonesia to remain ‘stable’: Fitch Ratings
Tugu Reasuransi Indonesia to remain ‘stable’: Fitch Ratings
Tugure maintains a resilient capital position, exceeding the 120% regulatory requirement.
China's top 8 insurers embrace self-regulation in motor insurance shift: Nomura
The agreement aims to adhere strictly to regulatory requirements.
China’s life insurance dips further in October
Its total premium income fell 8% YoY.
Ping An denies news of takeover move: Report
The insurer denied taking a controlling stake in the troubled Country Garden.
Ping An’s 9M23 profits register $12b
Retail customers reached almost 230 million, with a contract ratio of 2.99.
China’s commercial endowment insurance services to expand to meet increasing demand
The programme will become a regular business operation.
China’s insurance sector sees steady Q3 growth in assets
It rose 10.8% to an estimated $4.12t.
Ping An Insurance unveils first mangrove conservation trust
It received an initial donation of RMB10m.
China could face $4.6t in economic losses if extreme weather conditions persist in five years
Asia Pacific follows closely at $4.5t.
Ping An makes management shifts, names Xiaotao as co-CEO
The former co-CEO has resigned due to personal reasons.
New business value in China’s insurance sector show strong growth in 1H23: UOB
It expects NBV growth in domestic and regional life insurance to diverge in the second half of 2023.
Chinese regulator takes over insurance company: Report
There is no reason indicated yet for the transfer.
China's insurance sector shows fit solvency ratio
The solvency ratio was 188% as of the second quarter.
Ping An Life, P&C segments saw rise in 1H 2023 performance
The group’s operating profit reached RMB82.0b.
Sunshine Insurance shows bright preliminary H1 2023 performance
It saw its gross written premiums climb 7.7% to RMB67.81b in the first semester.
China’s insurers hold steady assets in Q2
Year-to-date, assets grew 7.6%.
China’s insurers to take a hit from elevated risk in trust sector: Fitch Ratings
Risk could affect more financial entities if China's economic recovery slows down and the property sector's distress persists.
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For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness