China
Ping An's CT imaging vehicle at Wuhan to help treat pneumonia related to 2019 nCov
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.
Chubb acquires majority of local venture in China
Chubb increased its stake in Huatai Insurance Group to 26% from 20%.
Web-based insurance policyholders in China hits 222 million
Nearly 28% admitted to buying insurance from the Internet.
Ping An Insurance Group profit surges 34% to $8.45b in H1
The insurer was able to grow its retail customer base to 179 million.
Ping An eyes acquiring Prudential's Asian business
China’s deleveraging campaign has prompted the insurer to look for further growth engines.
China to launch national medical insurance by 2019
Urban and rural residents will enjoy equal benefits.
Chinese P&C insurers' digitalisation efforts beat Hong Kong and Japan
Ping An P&C’s motor insurance service uses image recognition to provide repair estimates based on submitted pictures.
Chinese insurers shun universal life policies to ensure sustainability
These are commonly structured as short-term savings products.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. Can China’s $140b motor insurance market survive a 70% loss ratio? 3. PNB MetLife launches dividend fund linked to insurance 4. Taiwan life insurers face rising risk in $32b FX mismatch 5. India set to outpace China, US in premiums by 2030Resource Center
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
