The unaudited 1Q2024 net profits reported by China's five major 'A-share'-listed insurance groups amounted to a combined CNY83bn ($11.5bn), 9.2% lower than in the corresponding quarter in 2023.
Insurance perpetual bonds remain relatively new to onshore investors in China; however, the market for these bonds is expected to mature over the long term, supported by improving investor confidence and market depth, according to Mr James Chan, director of analytics at AM Best.
Major listed Chinese insurance groups' recalibration of their economic assumptions in the computation of embedded value (EV) and new business value (NBV) in 2023 will enable them to adeptly manage long-term investment risks, says Fitch Ratings. Major listed insurers lowered their assumptions of...
China Life Insurance, the nation's largest life insurer, has announced that its net profit fell year on year...
PICC Group has reported a 23.5% plunge in net profits attributable to owners to CNY8.96bn ($1.24bn) in the...
Motor insurance premiums accounted for 43.7% of non-life insurers' total premiums in 1Q2024, representing a drop of one percentage point from 44.7%...
Insurers have paid compensation amounting to over CNY206m ($28.5m) as of the end of April 2024 for losses caused by heavy floods in Guangdong last...
Aviva-COFCO Life Insurance Co has maintained solid premium growth over the past few years, reporting a 43% increase in premium income in 2023, mainly...
Dive into our discussion with Fanhua Inc's Director & Chief Strategy Officer, Mr. Ben Lin, as he unveils how AI is transforming insurance sales....
Explore China's insurance brokers' landscape with Fanhua Inc's co-chairman and chief strategy officer, Mr. Ben Lin, as he offers insights into the...
Dive into the heart of China's digital revolution in the insurance sector. This video features a detailed discussion with a top expert in the field,...
Amid the global digital transformation in insurance, where does China stand? We engage in an insightful conversation with the senior expert in the...
Navigating China's insurance market can be complex for foreign life insurers due to evolving consumer demands and cultural barriers. We explore these...
The life insurance industry in China is evolving. How are agents adjusting? What strategies are companies using in the volatile market? We delve into...
The life insurance sector in China has experienced a significant drop in the number of agents in recent years. What has contributed to the decline?...
InsurTech has seen significant growth and development over recent years. InsurTechs have introduced various new technologies which have streamlined...
Established for over two decades, eBaoTech has witnessed the flourishing growth of the Chinese insurance industry. Enquiring about the factors...
Cheche Technology is a Chinese InsurTech company focusing on online motor insurance. At present, the company serves over 50m customers from over 30...
Cheche Technology is one of the top InsurTech companies in China focusing on online motor insurance. At present, the company serves over 50m...
How does Sumitomo Mitsui China stay ahead of its parent company in terms of digitalisation and what can it learn from its parent company's success in...
China's fiercely competitive environment determines that property and casualty insurance companies must pursue a different approach to achieve...
In Part Two of an exclusive interview, Mr Gao talks to Asia Insurance Review of the different impact of COVID-19 on different economic sectors and on...
In an exclusive interview, Mr Gao talks to Asia Insurance Review of how the brokerage has been managing business amidst COVID-19 challenges. He...
Mr Guo comments on how technology is deployed in distribution channels; motor insurance services; Ping An's IT achievements that have won global...
In the second part of an exclusive interview with Asia Insurance Review, Dr Jin Qi, CEO of SAIC insurance operations, speaks about how INSAIC built...
In an exclusive interview with Asia Insurance Review, Dr Jin Qi, CEO of SAIC insurance operations, comments on wide-ranging issues, including...
Part 2: Mr Xu Jianguo, CIO of CPIC Group, elaborates on the group's 3-year IT detail plan that encompasses mid-office platforms, joint insurance...
In an exclusive interview, Mr Xu Jianguo, CIO of CPIC Group, outlines the digitalisation of the group, including cloudification and the group's...
Mr Shen Peng, CEO of Waterdrop, an InsurTech company which was listed in New York in May, talks about why the company was founded and the factors...
An insightful interview with Mr Chen Wei, CTO of TK.cn, which is part of the giant Taikang insurance group, in which Mr Chen highlights how the...
A far-reaching interview with ZhongAn Online P&C Insurance CEO Jiang Xing provides fascinating insights into remarkable growth in the sector - and...
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