The Central Commission for Discipline Inspection and the National Supervisory Commission have issued an official statement confirming that they have launched an investigation into PICC P&C President Yu Ze.
The East African insurance sector has demonstrated resilience and steady growth, driven by economic expansion, rising financial literacy and accelerated digital transformation. Regulatory reforms have also strengthened market stability and consumer confidence, according to a report by the global professional services firm Deloitte.
The insurance and banking sectors should prioritise water risk-based lending and investment models, given that the sustainability of water resources is regarded as a prerequisite for strategic financial stability, says a report by Turkiye Sigorta's Economic Research Directorate.
The net-net combined ratio of Dubai National Insurance & Reinsurance (DNI) stood at 99.8% in the third quarter of 2025, lower than the 104.2% recorded for the full year 2024, noted AM Best. UAE market conditions have improved in 2025, primarily for the motor segment.
The 26 November residential building fire disaster in Hong Kong has increased public attention on urban housing safety in mainland China, thrusting home insurance into the spotlight.
The Chinese insurance industry is rolling out locally customised inclusive insurance initiatives across the country, to increase home insurance penetration.
As humanoid robots increasingly appear in real-world commercial settings, the need for dedicated risk management solutions is becoming urgent.
Insurance claims from the deadly Wang Fuk Court fire in Hong Kong are unlikely to affect the rating of China Taiping Insurance Group (TPG), according to credit ratings agency Fitch Ratings.
The risk-adjusted capitalisation of China Taiping Insurance (HK) Company [CTPI(HK)] was at the strongest level as of year-end 2024, as measured by Best's Capital Adequacy Ratio (BCAR), and is expected to remain robust over the short to intermediate term, according to AM Best.
Over HK$327m ($42m) has been donated by various Hong Kong-related insurance companies through their charitable arms, group and parent companies to victims of the 26 November high-rise fire disaster in the city.