China
World Bank taps Ping An Insurance executive for investment lab
The lab is aimed at mobilising capital effectively to address climate change and poverty.
World Bank taps Ping An Insurance executive for investment lab
The lab is aimed at mobilising capital effectively to address climate change and poverty.
Ping An granted top 1% in ESG amongst Chinese firms: S&P
S&P Global debuts its China edition of the Global Sustainability Yearbook.
Fanhua appoints new co-chairman and CSO
Ben Lin has been appointed due to his extensive knowledge of the global insurance industry.
China Life plans to boost services for mainland clients: report
Mainland customers drove new business premiums growth year-to-date.
Tech is key for ESG reporting: Ping An Insurance chief
The company also announced its dedication to expanding green finance and striving for carbon neutrality in its operations by 2030.
ZhongAn Insurance publishes white paper on generative AI application
It recorded notable advancements in adopting AI into the Chinese insurance industry.
China CITIC Bank, FWD Macau establish bancassurance partnership in Macau
This is their first bancassurance collaboration in Macau.
China Non-Life Insurance stable in Q1: Fitch Ratings
Aggregate comprehensive solvency ratio of the Chinese non-life insurance sector remained high at 238%.
Ping An paid out over 200 million cases in 2022
P&C claims had the most paid coverage with RMB194b.
Ping An Insurance books $5.55b Q1 net profit
Net income grew nearly half on a year-on-year basis.
AIA China received regulator approval to operate in Henan
The insurer is now active in nine provinces and urban areas in China.
Manulife rebrands its fund management arm in China
The change of name is tailored to its global operations.
China’s IAMCs can benefit from liberalisation: Cerulli
IAMCs, regardless of foreign ownership, have the ability to provide expertise in investment and research.
Ping An’s net profit drops to RMB83.8b in 2022
The insurer attributed the decline to the volatility of capital markets.
Chinese conglomerate BYD to challenge Tesla in Chinese EV insurance market
The group is in talks to acquire internet insurance company Yi'an P&C Insurance Co.
Chubb gets regulatory nod to increase stake in Huatai to 83.2%
Huatai is a holding firm for several companies in China.
Waterdrop introduces insurance for recurring breast cancer
The product offers up to $41.38k of insurance benefits.
Commentary
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