China
AIA China clinches approval to establish Anhui branch
AIA China clinches approval to establish Anhui branch
Anhui has a population of 60 million people.
Prudential Hong Kong fast-tracks billing services in 2 Chinese hospitals
Patients can apply for pre-approval of medical expenses.
Ping An's net profits soars 36.1% YoY to RMB119.18b
Its segments collectively contributed RMB119.65b in operating profit.
AXA rebrands China reinsurance arm to AXA International Re
The change is effective 16 October.
China Taiping set to maintain strong market position
The group reported $10.51b in outstanding debt as of June, down from $11.90b last year.
Unemployment insurance payouts double since 2012 in China
In 2023, 7.3 million unemployed persons received a total of $1.5b.
China to build science and tech insurance framework
NFRA plans to introduce incentives such as rewards, subsidies, and tax benefits.
How are new energy vehicle sales shaping China's insurance market?
NEV sales saw a 33.3% increase in Q1 2024.
Cheche and Tokio Marine boost China insurance ties
Tokio Marine & Nichido Fire Insurance was the first Japanese insurer to enter China.
China Life Insurance stays robust amidst national credit concerns
NBV increased by 18.6% year-on-year in the first half of 2024.
Chinese insurers shift to floating-return products amidst risks
Its P&C sector is under strain due to market volatility.
Fitch expects rising profitability for Urtrust in near term
Urtrust maintains a solid capital buffer to support its rapid premium growth.
China's financial assets hit $68t, insurance surge 15.7% YoY
This is equivalent to $4.73t.
China's insurers adjust risk control amidst lower returns
P&C insurers’ underwriting margins may shrink further.
Investment stability anchors Taiping Reinsurance despite impairments
In 2023, TPRe recorded a net profit of $42.74m.
Chinese broker Yuanbao files IPO in US
The company's revenue for 2023 increased to $289.02m.
How eased C-ROSS Phase II pressures helped China's smaller insurers
Despite a decline to 207% in 2022, core solvency ratio remained stable in 2023.
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