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China tag returned 2680 results

  • China: New office premiums in HK from mainlanders plunge by almost 60% in 1Q

    New office premiums in respect of policies issued in Hong Kong to mainland Chinese visitors stood at HK$5.4bn ($697m) in the first quarter of this year. This represented a decrease of 57.7% compared to the corresponding quarter in 2019.

    Asia | 01 Jun 2020
  • China: A new ecology of insurance marketing has arrived

    Affected by the new coronavirus pandemic, the transformation of insurance agents' marketing model is particularly profound.

    Asia | 29 May 2020
  • Ping An P&C reaps reward for early digitalisation move

    Since the outbreak of the coronavirus, digitalisation has become a necessity for several insurers in China. However, major Chinese insurance giant Ping An seems to have realised this much earlier than others as it was an early adopter of shifting operations online.

    Asia | 29 May 2020
  • Regulator eases rules to allow insurers to invest in bonds of small banks

    China's banking and insurance regulator has announced that it would relax rules for insurers investing in banks' capital replenishment bonds, as Beijing seeks to ease the burden on smaller banks hit by the coronavirus pandemic, reported Reuters.

    China | 29 May 2020
  • Insurance market shows recovery from COVID-19 impact

    From January to April, the Chinese insurance industry achieved aggregate premiums of CNY1.99tn ($277.8bn), a year-on-year increase of 4.34%. This is an improvement over its performance in the first three months of this year

    China | 29 May 2020
  • 2019 credit & guarantee insurance underwriting losses exceed US$550m

    Underwriting losses suffered in credit insurance business reached CNY2.23bn ($312m) last year while losses posted for guarantee insurance business stood at CNY1.8bn ($252m) last year, according to data from the CBIRC.

    China | 29 May 2020
  • Guidelines proposed for insurers' health management services

    The Life Insurance Department of the CBIRC has drafted guidelines relating to the management of health services in insurance companies.

    China | 29 May 2020
  • Fanhua says agent recruitment and sales activities resumed in May

    Nasdaq listed Fanhua, a leading independent financial services provider in China,Since the beginning of May, has gradually resumed all kinds of offline training, agent recruitment and sales activities, following a lockdown imposed as the COVID-19 pandemic spread.

    China | 29 May 2020
  • China: Shin Kong to inject funds in mainland JV

    The board of directors of Taiwanese life insurer, Shin Kong Life, has approved a proposal to increase the company's investment in Beijing-headquartered Dingcheng Life Insurance by CNY187.5m ($26.3m), according to a filing with the Taiwan Stock Exchange.

    China | 29 May 2020
  • Listed company calls off planned merger with insurer

    Shenzhen listed Hubei Biocause Pharmaceutical has cancelled plans to merge with Guohua Life. Biocause currently hold a 51% stake in Guohua Life. The fundraising exercise to finance the acquisition of the remaining 41% stake was also aborted.

    China | 29 May 2020

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