The CBIRC is conducting a study on life insurance sales and plans to formulate measures to improve the sales management, according to industry players. This includes launching a comprehensive review of the commission system in the life insurance...
The CBIRC has issued a set of draft regulations, that standardises for the first time the accident insurance business of property and life insurance companies. The goal is a unified set of rules for property and life insurers that will help prevent possible regulatory arbitrage behaviour by...
Environmental risks are becoming an increasingly important credit driver for Chinese insurers as their exposure to climate-related catastrophic events and decarbonisation policies grow, especially for property and casualty (P&C) insurers, says Moody's Investors Service.
Several large domestic insurance companies, including Ping An, PICC, and China Pacific, have begun to develop...
The surrender rate of the life insurance industry has declined for past two consecutive years, according to...
In the first quarter of 2021, the five major listed insurance groups posted a 2.64% increase in aggregated total premium income to CNY973.2bn...
Shanghai United Assets & Equity Exchange has announced that 70% of the equity of Great Wall Changsheng Life Insurance has been placed on the block.
Korean-owned property insurer LIG China has received approval from the Jiangsu Banking and Insurance Regulatory Bureau to change its name to Kaiben...