China
Ping An Insurance unveils first mangrove conservation trust
It received an initial donation of RMB10m.
Ping An Insurance unveils first mangrove conservation trust
It received an initial donation of RMB10m.
China could face $4.6t in economic losses if extreme weather conditions persist in five years
Asia Pacific follows closely at $4.5t.
Ping An makes management shifts, names Xiaotao as co-CEO
The former co-CEO has resigned due to personal reasons.
New business value in China’s insurance sector show strong growth in 1H23: UOB
It expects NBV growth in domestic and regional life insurance to diverge in the second half of 2023.
Chinese regulator takes over insurance company: Report
There is no reason indicated yet for the transfer.
China's insurance sector shows fit solvency ratio
The solvency ratio was 188% as of the second quarter.
Ping An Life, P&C segments saw rise in 1H 2023 performance
The group’s operating profit reached RMB82.0b.
Sunshine Insurance shows bright preliminary H1 2023 performance
It saw its gross written premiums climb 7.7% to RMB67.81b in the first semester.
China’s insurers hold steady assets in Q2
Year-to-date, assets grew 7.6%.
China’s insurers to take a hit from elevated risk in trust sector: Fitch Ratings
Risk could affect more financial entities if China's economic recovery slows down and the property sector's distress persists.
Aon announces new head of Greater China
Lu will oversee the integration of Aon's Risk Capital and Human Capital capabilities.
S&P Global: Strong rains could drag China’s P&C underwriting performance
Beijing’s recent heaviest rainfall in 140 years serves as a stark reminder to P&C insurers in China.
China receives 260,600 flood-related claims
Rains in 16 regions of China have led to widespread flooding and geological disasters.
Investment risk to concern China BOCOM Insurance – AM Best
The insurer’s operating performance is deemed adequate.
China’s regulator calls insurers to make haste for recent flood-affected areas
Chinese insurers have received a total of 117,600 claims.
China Life Insurance (Overseas) to stay afloat in the next two years: S&P Global
Its growth-related capital needs and substantial holdings of high-risk assets may surpass earnings.
Aon Greater China appoints new CEO
He has been with Aon for over seven years.
Thought Leadership Centre
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Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
