China
China Life's capital model benefits from diversification
Thanks to its solid position and earnings, it will remain stable in the next 2 years.
China Life's capital model benefits from diversification
Thanks to its solid position and earnings, it will remain stable in the next 2 years.
MAPFRE RE gets China’s approval to operate in Bejing
MAPFRE RE will proceed with pre-opening steps in compliance with local regulations.
Southern China floods trigger 18,400 insurance claims
Estimated losses amounted to $86.66m.
Insurers hold 9% to 12% in commercial real estate investments globally
China, whilst strong in absolute terms, is weak relatively.
Taikang Life to maintain strong market position, profitability
As of end-March, its comprehensive and core solvency ratios improved to 276% and 165%.
Chinese insurers retrieve 18,400 claims for rain damages
Total claimed loss amounted to ~$86.9m.
China's insurance assets surge to $32t
The industry represents only 7% of China's total financial assets.
Japan’s interest rate rise offers lessons for China’s insurers
To manage low interest, Japanese insurers shifted to foreign securities and protection-type policies.
Ping An Tops China's insurance firms in Forbes list
Globally, it placed 6th amongst Chinese companies.
China's insurance premiums increase by 5.1% YoY
Year-to-date, the industry’s assets climbed 10.4%.
China’s pension system reels 60 million new individuals
Presently, 762 products are offered in the new pension system.
Tk.cn Insurance to sustain growth with Taikang backing
The insurer reported three consecutive years of positive net operating profits.
ZhongAn’s investment income reliance puts earnings on shaky ground
Its net profit is “volatile” with net profit in 2023 and net loss in 2022.
Howden Re sees property-cat rate decline
Forecasts show a 60% chance of La Niña developing midseason.
Sunshine Life retains adequate capital buffer: Moody’s
The insurer was able to show an ROC of 4.7% in FY23.
Chinese insurers to benefit from bancassurance rule-lift
The removal of the rule is seen to increase premium growth.
China life insurers buoyed by stable interest rates – Jefferies
The surge is due to PBOC supporting long-term yields and positive equity market sentiment.