French global insurer AXA yesterday released its second mind health study that shows that of 11 markets surveyed, China has the largest number of people said to be "getting by".
China Pacific Anxin Agriculture Insurance Co (Anxin) has strong capitalisation and low-risk investment portfolio, and the strong support of its parent, China Pacific Property Insurance (CPPIC), notes Moody's Investors Service.
HBF, one of Australia's fastest growing private health insurers, is has entered into a binding agreement to acquire 100% of physiotherapy and allied health business Life Ready Health Group (Life Ready).
The growth of the combined premium income of the five major A-share listed insurance companies in China was almost flat last year, standing at 0.03% year-on-year, adding pressure on sales this year.
Phase II of the China Risk Oriented Solvency System (C-ROSS II) adds new rules on look-through measurements with regards to market risk and credit risk, capital planning and Lloyd's (China), and increases the number ofrelated regulations from 17 to 20 compared to the previous version C-ROSS issued in 2015, says international professional service firm Deloitte.
Insurers need to interpret China Risk Oriented Solvency SystemPhase II (C-ROSS II) in combination with other recently published regulatory rules to bring their business to the next level, says the global professional services firm Deloitte.
The CBIRC has issued interim regulations setting out comprehensive measures for the off-site supervision and evaluation of insurance companies, which will take effect from 1 March 2022.
Chinese regulators urged insurers and banks to make clear progress in their digital transformation by 2025, reported Reuters.
Beijing-headquartered Taikang Group's overall operating performance is considered as 'Very Strong', says Fitch Ratings in a report issued earlier this week.
Chinese people are the most optimistic among Asians about when the coronavirus pandemic will come to an end, the findings of a new survey by international financial services provider Manulife Financial show.