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China tag returned 2093 results

  • China: 4 chronic illnesses incur majority of medical insurance expenditure

    The treatment costs for four chronic and aging-related diseases account for over half of China's medical insurance expenditure, according to an official from the National Health Commission (NHC).

    Asia | 20 Aug 2019
  • China insurance market expected to welcome more foreign investment: Law firm

    Recent developments in China's insurance sector have resulted in a more open market, providing investment opportunities to foreign investors as well as better oversight of domestic Chinese insurers and domestic investors in foreign invested insurance companies (FIE), according to a report by international law firm Allen & Overy. Chinese regulators are expected to take further measures to expand the insurance market, the report said.

    Asia | 19 Aug 2019
  • China: Life giant posts 5% increase in premiums till July

    China Life Insurance, the biggest life insurer in China, has posted steady growth in its premium income in the first seven months, company data show.

    Asia | 19 Aug 2019
  • 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

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