China

Stricter solvency rules imposed in 2021 led to a decline in solvency indicators under the new regulations.

The estimated impact of the groups’ Regulatory Solvency Ratio would be -1 p.p.

Health insurance claims contributed about 5 million claims processed by partner insurers on Ant Insurance

The sovereign rating actions will pressure AIA Co and AIA International's Aa2 IFSR because of the position of its ratings relative to the sovereign ratings of its key markets.

The share of regional cross-border investment within Asia Pacific reached a 6-year high at 18% in Q3’23.

Despite government support and brand awareness in Shaanxi, the insurer faces challenges in expanding its market share in the medium to long term.

Meanwhile, expenditures reached $320m.

China’s electric vehicle insurance has gained traction, driving motor insurance demand.

These are the first foreign-funded companies approved in the sector since 2018.

Tugure maintains a resilient capital position, exceeding the 120% regulatory requirement.

The agreement aims to adhere strictly to regulatory requirements.

Its total premium income fell 8% YoY.

The insurer denied taking a controlling stake in the troubled Country Garden.

Retail customers reached almost 230 million, with a contract ratio of 2.99.

The programme will become a regular business operation.

It rose 10.8% to an estimated $4.12t.