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China tag returned 2090 results

  • Ping An Group posts fastest profit growth in 1H since at least 2007

    Ping An Insurance (Group) Co, the country's largest insurer by market value, posted a 68.1% jump in first-half net profit, the fastest pace of growth in more than a decade, on a rise in retail customers, reported Reuters.

    China | 16 Aug 2019
  • Digital transformation of property and life insurers expected to diverge

    The digital transformation of property insurance will be different from that of life insurance, say respondents to a poll on technology in insurance. They also believe that life insurance companies and property insurance companies will apply InsurTech in significantly different ways.

    China | 16 Aug 2019
  • Insurance startups show mixed 1H results

    Four life insurers and two non-life companies, which started operations last year, have posted 1H2019 results that highlight outcomes arising from their different backgrounds.

    China | 16 Aug 2019
  • 6 in 10 mainland Chinese consumers prefer digital insurance channels

    Around 60% of consumers in mainland China prefer to engage with their life insurers on digital channels over physical ones, according to data released by market research firm Forrester.

    China | 16 Aug 2019
  • Loss making online insurer seeks capital increase

    Major insurance group Taikang Insurance Group plans to double the registered capital of its online-only insurance subsidiary Tk.cn Insurance.

    China | 16 Aug 2019
  • Insurance execs say InsurTech should be implemented gradually

    Insurance professionals in China say that combining technology with core insurance functions lines such as actuarial work and underwriting will take time. For this reason, they believe that in the early stages, InsurTech should be applied gradually, with more innovations being carried out as data are accumulated.

    China | 16 Aug 2019
  • Mutual insurance startups see premium surge in 1H

    China's three mutual insurance startups, all licensed in 2016, posted increases of over 200% in premium revenue for the first half of this year. Despite the surge in premiums, the mutuals continued to report losses.

    China | 16 Aug 2019
  • New market access rules still exclude smaller foreign insurers

    China's latest relaxation on foreign insurance companies entering the country is welcome news for many global brands, yet smaller players appear to have been left out in the cold, according to industry analysts, according to a report in South China Morning Post.

    China | 16 Aug 2019
  • Xianghubao's subscriber base exceeds 80m

    Ant Financial Services's mutual aid scheme platform Xianghubao has announced that its members now exceed 80m, less than a year after its launch in October 2018. The number makes Xianghubao the world's largest mutual help platform.

    China | 16 Aug 2019
  • Basic pensions placed at risk in bid to lift businesses

    Employers saved CNY128.8bn ($18.2bn) in payments for basic pensions, unemployment insurance and work-related injury coverage between 1 May and 30 June, the official Xinhua news agency reported.

    China | 16 Aug 2019


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