The P&C insurance sector in Henan has received 10,400 claims related to losses in the agricultural arena arising the heavy floods afflicting the region. The claims are estimated to have reached CNY 481m ($74.4m).
A total of 74 unlisted non-life insurers in China that have presented their 2Q2021 solvency reports posted a combined premium income of CNY214.7bn ($33.2bn) for the first half of this year. This is 9.43% higher than in the corresponding half of 2020, according to an analysis by Huibao World.
The combined net profits of 74 unlisted non-life insurers in China for 1H2021 reached CNY4.62bn, which is 7.83% higher than for 1H2020. A summary of the net profit/loss of the 74 insurers is as follows:
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