China
China regulator green lit AIA China's new branch
The insurer will establish a new branch in Henan.
Life insurance industry remains muted amids pandemic challenges in China
Most life insurers reported negative growths in April.
Beijing offers elderly COVID-19 vaccine insurance to ease hesitancy
Payout for elderlies experiencing adverse effects could go as high as $74k.
Beijing Nova Insurance enters partnership with Towngas Lifestyle
They aim to establish a joint working group for insurance brokerage.
How has China's insurance industry fared amidst strict lockdowns?
Life players spirals whilst P&C insurers gain ground.
Generali Asia appoints new general manager of China business
He has over 30 years’ of experience in actuarial management and life insurance.
ZhongAn to improve profitability and maintain solid capitalisation—analyst
But investment in tech and other business lines run a risk of straining these growths.
Ping An eyes $39.28b in green insurance premiums by 2025
The group recently released its 2021 sustainability report.
Quarantine insurance revived amidst rising COVID-19 cases in China
Financial pressure mounts following a recent surge in cases.
China logs biggest protection gap against natural disasters
The country has been plagued with major flooding events in the past years.
China Life reports slow increase of 1.3% in net profit in 2021
Growth was dragged by a decline in new business value and personnel challenges.
Swiss Re announces new China chief
The appointment is part of Swiss Re’s investment in its China market.
Swiss Re names new Greater China CEO
He was previously the General Manager of AIG International Consulting.
China to dethrone US as largest market for life insurance
Life insurance premiums in China will reach $7.12t by 2050.
Chinese insurer PICC P&C shrugs off sanctions on Russia
The insurer says their business is unaffected.
China releases new ‘blacklist’ for life insurance products
Nine clauses were added to the 73 that were on the list in 2021.
Ping An gets green light to restructure New Founder Group
Ping An will pay $7.6b to acquire 66.51% equity interest in New Founder Group.
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
