China
China tightens rules for online insurance sales
Insurance firms were ordered to comply or stop selling insurance online by January.
China tightens rules for online insurance sales
Insurance firms were ordered to comply or stop selling insurance online by January.
China life insurance premiums to reach $665.7b in 2025
Thanks to the growing demand for protection-type life insurance products.
Ping An denies exposure in embattled China Evergrande
The insurer's shares plummeted over concerns of exposure.
Henan flood insured losses approach $2b
Only 67% of insurance claims have been settled.
China probing Ping An Insurance’s property market investments: report
The insurer disclosed $8.4b exposure to China Fortune Land Development in February.
China Life H1 2021 profit soars to 34.2%
This is despite the sluggish growth of GWP due to the impact of COVID-19.
PICC Property and Casualty H1 net profit surges to CN¥16b
China’s biggest non-life insurer beat street estimates despite decelerating QoQ growth.
Henan flood led to record breaking insurance losses of CN¥11.2b
S&P Global said China’s extreme weather conditions are testing its domestic property and casualty insurers.
Allianz gets regulatory nod in China
It became the first wholly foreign foreign-owned insurance asset management firm in the country.
Henan flooding a huge blow to Chinese non-life insurers: Fitch
Insurance claims are predicted to exceed $1.23b.
China Re expects H1 net profit jump up to 65%
This comes at the back of improved underwriting profits and optimized asset allocations.
Growth continues for China's insurance market
The country came second behind the US in terms of total premium volume in 2020.
China to hike subsidies for agricultural insurance premiums
Subsidies will be provided to crop-growing farmers who buy full-cost insurance or income insurance.
China's ZYIC's underwriting profit still thin despite gains from crop insurance
ZYIC has reported net profits consistently over the past five years.
AIA's China Post Life investment, Hubei licence add to medium-term China growth
It should complement AIA's operations and expansion strategy in China.
China's Sinosure opens office in Dubai IFC
Sinosure aims to further support China’s national Belt and Road initiative.
China orders banks, insurers to draft 'living wills': report
This is to ensure that troubled financial institutions won't end up needing costly bailouts.
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