China
AIA completes $1.86b investment in China Post Life
AIA now has 24.99% stake in the life insurance firm.
AIA completes $1.86b investment in China Post Life
AIA now has 24.99% stake in the life insurance firm.
China scraps foreign ownership limit of insurance asset managers
The current limit is capped at 25%.
Swiss Re China president John Chen retires
Deputy Head of Swiss Re China Brian Han will take over operations.
China general insurance penetration rate below market average: analyst
This is despite the prediction that the industry would reach $313b by 2025.
Allianz gets nod for full control of China life business
It will become the first wholly foreign-owned life insurance company in China.
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.
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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.
