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China tag returned 2208 results

  • China: Ministry calls for clear roles for government and market in agricultural insurance

    China's Ministry of Finance has published suggestions for improving the country's agricultural insurance to better protect farmers.

    Asia | 14 Oct 2019
  • Reinsurers turn more cautious on critical illness business

    Reinsurers are becoming more cautious about accepting critical illness business, a trend which has been developing in the past two years, according to industry players. This is reflected in the decrease in the number of quotations which reinsurers provide for critical illness cover.

    China | 11 Oct 2019
  • Regulator urged to update and expand rules on insurance licensing

    Members of the Insurance Working Group of the European Union Chamber of Commerce in China have been facing various difficulties after entering the mainland Chinese health insurance market due to the complexity of the licensing process and the restrictions on foreign ownership.

    China | 11 Oct 2019
  • European insurers suggest Chinese authorities clarify Internet insurance business concerns

    The licensing criteria for Internet insurance companies are not clear due to the lack of policies and regulations in this area, and there is a considerable gap between the supervision of insurance and technology companies, says the Insurance Working Group (IWG) of the European Union Chamber of Commerce in China.

    China | 11 Oct 2019
  • China Re urges P&C insurers to strike balance between scale and profits

    China Re P&C, which engages in P&C reinsurance business, says that property and casualty insurers should not only adjust their business structure to avoid reliance on"one class of risk" but also to find a balance between scale and profitability in an emerging market. At the same time, it is necessary for them to tap lines of business with development potential.

    China | 11 Oct 2019
  • Xianghubao attracts 92m subscribers

    The number of subscribers to Ant Financial Services's mutual aid scheme platform Xianghubao has reached around 92m, a year since its launch in October 2018.

    China | 11 Oct 2019
  • Non-motor classes see reduced underwriting profits

    Non-auto insurance underwriting profits have declined in recent years, says China Re P&C as property insurers reduce their reliance on motor business to develop non-motor operations.

    China | 11 Oct 2019
  • Regulator wants to rid market of low-sales life insurance products

    The CBIRC has highlighted several common problems identified during its oversight of life insurance products.

    China | 11 Oct 2019
  • Regulators to improve overseas travel insurance standards

    The authorities are considering regulating the overseas travel accident insurance market and speeding up the introduction of standardised clauses for this class of business to avoid disputes.

    China | 11 Oct 2019
  • Health insurance business grows fastest

    The health insurance market is in the midst of a golden age of development, even though it is facing some short-term challenges. In the medium and long term, the market will be stable and expectations are upbeat, says Ms Zhang Kai, CEO of Manulife-Sinochem Life.

    China | 11 Oct 2019

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