China

Ping An denies news of takeover move: Report

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

Ping An’s 9M23 profits register $12b

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

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 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.