China
AIA injects $277m into China Post Life for market growth
AIA injects $277m into China Post Life for market growth
AIA retains its 24.99% stake in China Post Life.
China life premiums rise 1% as non-life sector grows 5% in 2025
Life insurers are moving towards participating products with lower guaranteed returns.
AIA and Aegon win approval for asset firms in Shanghai
The approvals were announced by Li Yunze, director of the NFRA.
China leads Asia telematics growth with insurer tech adoption
Global expansion is driven by the increased adoption of usage-based insurance.
Fitch expects China United Property Insurance to maintain stable underwriting in 2025
But increased allocation to risky assets may threaten capital and earnings.
Ping An ranks fifth amongst Chinese firms on list
Ping An reported $158b in revenue.
BOC Life maintains solid capital as profitability stays steady
The insurer remains majority-owned by BOC Hong Kong.
Ping An P&C maintains stable margins in new-energy policies
Ping An P&C’s capital and surplus rose 9.0% year-on-year.
China insurance assets rise 13.9% to $5.03t in Q4 2024
Property and casualty insurers recorded $406b in assets.
Ping An P&C settles 10,400 claims after Beijing hailstorm
The storm produced hailstones larger than 3 cm in diameter.
Ping An maintains top China insurance brand status for tenth year
It remains the only Chinese insurance group in the global list.
Ping An Insurance included in S&P Global’s 2025 sustainability list
It remains the only insurance company from China to be included.
China’s capital charge cut to spur insurers’ equity investment
State Council Information Office announced a 10% reduction in the capital charge.
Prudential, Foshan Fosun Chancheng to enhance medical services coverage
Eligible customers will have easy access to the ‘Medical Expenses Direct Billing Service’.
Ping An Group posts 2.4% profit rise with life and health segment growth
New business value (NBV) surged 34.9%.
AM Best says Shinkong Insurance to sustain strong profits
The insurer accounted for 16.4% of Taiwan’s domestic non-life sector.
Tokio Marine and Nichido Fire China maintains stable outlook
It is expected to pursue opportunities tied to Japanese-affiliated industries in China.
Commentary
AI isn’t replacing insurance, it’s finally making it work