China's top 10 non-life insurance companies in 1Q2020 remain in the top rankings in terms of premium income in 1Q2021, except for TianAn P&C Insurance.
Evergrande Life ranked as the biggest Sino-foreign life insurance company based on premium income for the first quarter of this year.
The second phase of the China Risk-Oriented Solvency System (C-Ross II), which will start officially in the first half of this year, is expected to result in weaker solvency adequacy ratios of insurance companies, big and small. Also expected are further waves of capital increases and bond issuances to maintain solvency levels.
The National Population Census, which is conducted every 10 years, shows that China's population reached 1,412m last year, up from 1,340m in 2010, the National Bureau of Statistics has announced.
Fitch Ratings has assigned Allianz Jingdong General Insurance Company an Insurer Financial Strength (IFS) Rating of 'A' (Strong). The outlook is stable.
A new report by Chubb Insurance explores how small and mid-sized businesses are managing their digital transformation - a transition that has accelerated in the wake of COVID-19.
A working group formed by the IRDAI to study title insurance in the country has said that there is a need to expand the range of products in this class of business to improve the marketability of such specialised plans which have to be aligned with the requirements of developers and customised to the needs of Individual buyers.
Prime Minister Scott Morrison has warned that the sustainability of the National Disability Insurance Scheme (NDIS) is at stake unless its costs are curbed.
China Taiping Insurance Group's (TPG) financial performance remained 'Strong' despite challenging market conditions caused by the coronavirus pandemic, notes Fitch Ratings.
The Financial Regulatory Authority (FRA) has issued a decision to establish a pool under the auspices of the Egyptian Association for Travel Insurance to take over the management of the travel insurance branch for holders of passports issued by the Ministry of Interior.