Read the latest edition of AIR and MEIR as an Interactive e-book

Sep 2023


Beijing floods: Insurers not impacted much

Floods in China are getting more pronounced by the year. In July and August 2023, Beijing was swamped by devastating floods following record rainfall. The rains and the floods caused an estimated economic loss of around $5bn.

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Agriculture insurance on fast track

Catastrophic climate events have spurred China’s agriculture insurance to move on to a fast track. The government is also chipping in with the necessary support to catalyse its adoption.

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Insurance in China sees robust growth

China’s growth trends have reversed according to the latest data from its regulators, with most lines of business showing positive returns this year.

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