China
Fitch expects China United Property Insurance to maintain stable underwriting in 2025
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.
Zhibao Technology opens reinsurance unit in Labuan for expansion
It expects Zhibao Labuan to act as a minority risk taker for selected businesses.
Ping An Health’s Q1 2025 earnings hit $8m
70% of Ping An Life’s new business value came from health and senior care services.
Chinese insurers explore nonstandard securitisations
Originators want faster issuance times, even at higher funding expenses.
China raises equity cap for insurers to boost real economy
The government also lifted the equity asset allocation ratio for certain insurers.
Thought Leadership Centre
In Association with
Most Read
1. AXA partners Deloitte to target Hong Kong HNW wealth segment 2. Insurance businesses lose over $1.14m a year to payment fraud 3. Young adult cancer claims surge across 82% of APAC insurers 4. Singapore insurers win 96% of health claim battles 5. Zurich launches 5-minute AI cyber insuranceResource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
