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China tag returned 2924 results

  • China: General insurance growth will slow over COVID-19

    China's general insurance industry is forecast to grow by 3.8% in 2020 compared to 5.7% registered in 2019 according to an analysis from GlobalData. The data and analytics firm has revised China's general insurance forecast in the aftermath of COVID-19 outbreak.

    Asia | 22 Sep 2020
  • China: Govt to revamp basic medical insurance system

    China has set in motion plans to restructure the country's medical insurance system in a move that could directly affect more than 300m urban residents and likely to have implications for commercial health insurers.

    Asia | 22 Sep 2020
  • China: Comprehensive motor reform started on 19 Sep

    The CBIRC rolled out comprehensive reform of motor insurance last Saturday (19 September) that aims to give full play to the decisive role of the market in the allocation of auto insurance resources, improve the government's role, and minimise direct supervision.

    Asia | 21 Sep 2020
  • Rules for financial holding companies will lower contagion risk -- Moody's

    The Chinese authorities are set to implement a new regulatory regime for companies with significant operations in the financial sector, that Moody's Investors Service sees as credit positive for the financial system.

    China | 18 Sep 2020
  • Insurers increase capital and issue bonds at frenetic pace

    At least 22 insurance companies have increased their capital or issued bonds since the beginning of this year, with the aggregate increase totalling more than CNY58bn ($8.6bn). Among them, the bond issuance scale is CNY48.45bn.

    China | 18 Sep 2020
  • Regulator urged to expand existing reinsurance regulations

    The Insurance Working Group of the EU Chamber of Commerce in China is urging Chinese authorities to update and expand current reinsurance regulations.

    China | 18 Sep 2020
  • Motor pricing reform pressures P&C insurers' profit -- Moody's

    Premium growth is expected to drop to mid- to high-single-digit percentages in the next 12-18 months from 10.7% in 2019, as motor premium growth weakens because of low vehicle sales and a nationwide motor pricing reform, Moody's Investors Service says.

    China | 18 Sep 2020
  • More can be done to improve foreign participation in China's insurance market

    Despite various measures introduced by the Chinese government to allow more access to the domestic insurance market for foreign insurers, the Insurance Working Group of the EU Chamber of Commerce in China has made several recommendations that would further facilitate the opening up of the insurance sector.

    China | 18 Sep 2020
  • China: 5 major A-share listed insurers' combined growth slows in August

    The five major A-share listed insurance companies in China have posted an aggregate premium income of CNY1.85tn ($273bn) in the first eight months of this year, an increase of 6.15% compared to the corresponding period last year. In contrast, the growth rate of these insurers for the first seven months of the year was 6.58%.

    China | 18 Sep 2020
  • As the population ages, women risk living their golden years alone

    With the aging population trend in China, women in the country are increasingly facing the risk of living out their retirement years alone.

    China | 18 Sep 2020

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