Ten bank-affiliated insurance companies have posted a combined net profit of CNY25.26bn ($3.76bn) for the first half of this year, representing a dramatic year-on-year increase of 162.58%, with every one of them reporting profits.
Ping An Health Insurance Company of China (Ping An Health), the second-largest specialised health insurer in mainland China, maintained strong operating performance in 2025, delivering a return-on-equity (ROE) of over 20%, notes AM Best.
Kennedys has appointed Mr Andrew Carpenter as Partner in Hong Kong.
China's foreign exchange regulator, the State Administration of Foreign Exchange (SAFE), has released the second batch of Qualified Domestic Institutional Investor (QDII) quotas this year, with insurance companies and insurance asset managers among the key beneficiaries.
The reinsurance operations of the China Taiping Insurance Group (Taiping) have posted a 9.6% increase in consolidated reinsurance revenue of HK$4.56bn ($582m) for the first six months of this year, compared to the first half of 2025, according to interim financial statements released by the group.
Reinsurers are entering the January 2027 renewal season with record capital levels and strong profitability, creating favourable conditions for buyers. Gallagher Re said dedicated reinsurance capital reached a new high of $688bn at the end of the first half of 2026, while non-life alternative capital rose 9% to $147bn.
Descartes Underwriting, a global provider of corporate parametric (re)insurance solutions for climate and emerging risks, and Generali Global Corporate & Commercial (GC&C), the business unit of Generali Group providing insurance solutions and services to medium and large companies in more than 180 countries, have renewed their strategic partnership.
Samsung's insurance businesses are reportedly pursuing two major overseas investments that could together be worth as much as $6.6bn, as the South Korean group looks to expand beyond its domestic market. Samsung Fire & Marine Insurance is in talks over an additional stake in London-based specialty (re)insurer Canopius, while Samsung Life Insurance is considering an investment of about 15% in US retirement and asset-management company Principal Financial Group (PFG), according to South Korean financial media.
The country's new asset management information disclosure rules, issued by the National Financial Regulatory Administration (NFRA), officially took effect on 1 September 2026.
The National Financial Regulatory Administration (NFRA) has released updated asset-liability management (ALM) regulations for the insurance industry, marking the first comprehensive overhaul of these standards in seven years.