China
China's online property insurance premiums surge 30.9% to $2.26b in Q1
China's online property insurance premiums surge 30.9% to $2.26b in Q1
The quarterly growth reverses a slight decline registered last year.
Chinese insurers defy deleveraging campaign by ramping up alternative asset allocation
Such assets offer higher returns of 9.42% than 5% on average offered by corporate bonds.
China's insurers remain flush with money
Average comprehensive solvency ratios of life and P&C insurers remained above 200% as of end 2017.
Ping An profits up 12.5% to $4.57b in Q1
Strong performance from the life and health segment boosted quarterly earnings.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
