China
Can Zurich rebound from senior brain drain as Sharma and Martin join departee list?
Zurich was long regarded as consistency personified; a stable and calming force in an often turbulent insurance market. But in recent years, the Swiss giant has been hit hard by poor financial performance. To counter that, the company then introduced a…
China still heavily underinsured for floods, says Swiss Re
China's dramatic flooding over the last month has once again highlighted the prevalence of underinsurance in the country.
Jia replaces Hillebrand as Swiss Re Corporate Solutions China CEO
Swiss Re Corporate Solutions has appointed Jingwei Jia as CEO of its China operations.
La Nina cited as rain causes havoc in China
"Meu-Yu" monsoon rains led to multiple rounds of significant flooding across central and southern China throughout June killing at least 186 people across 26 provinces.
China establishes home earthquake insurance
China has introduced its first household earthquake insurance policy.
Allianz appoints Loh as chief digital officer, Asia-Pacific
Allianz has appointed Robin Loh in a newly created role - chief digital officer, Asia-Pacific.
Gao promoted to Lloyd's Greater China role
Eric Gao, chairman and CEO of Lloyd's (China) has been promoted to head of the Greater China region leading teams in Beijing, Hong Kong and Shanghai.
International - Asia: China's internet explosion
Insurers are looking for new ways into China’s underserved market, yet a successful digital strategy will not only require investment but the right type of partnership
China Pacific and Baidu to launch online insurer
China Pacific-owned China Pacific Property Insurance is teaming up with Chinese internet giant Baidu to launch an online car insurer.
Shanghai readies insurance exchange
The first Shanghai insurance exchange could launch as early as next week.
Chinese insurer Sunshine opens its first hospital
Chinese insurer Sunshine Insurance yesterday opened a hospital it built in association with Weifang City's government for 3bn yuan (£320m).
China sees mutual market development as "important", says CIRC
The Chinese government is supporting the development of the mutual market according to the country's regulator.
Admiral and Mapfre explore China comparison site
Spanish insurer Mapfre and UK insurance group Admiral are exploring the launch of a joint venture comparison website in China under a project called Preminen.
Mapfre targets China province Shandong for motor digital venture
Spanish insurer Mapfre is targeting a full 2017 launch for an online motor insurance operation in the province of Shandong, China.
AIG sells $1.25bn stake in PICC and falls to Q1 net loss
US giant AIG has sold another $1.25bn (£850m) worth of shares in Chinese property and casualty insurer PICC Property and Casualty.
Alibaba joins China Taiping for Chinese online health insurer
Alibaba has raised 1bn yuan (£100m) for a fledgling online health insurer Alibaba Health Insurance.
Google teams up with Uber and Ford to challenge autonomous car laws
Technology giant Google is partnering with taxi-hailing app maker Uber and US carmaker Ford to lobby the US government over driverless car regulations.
Chinese regulator warns on purchasing insurance in Hong Kong
The Chinese Insurance Regulatory Commission has warned Chinese citizens about buying insurance in Hong Kong.
Ping An buys 48% of major Chinese online car retailer
Ping An has bought 47.7% of the shares of Beijing-based retail car website Autohome from Australia-based Telstra for $1.6bn (£1.1bn).
Chubb signs insurance distribution agreement with major Chinese retailer
Global insurer Chubb has signed an undisclosed long term distribution deal with Chinese retailer Suning.
Hong Kong Analysis: SMEs' more sophisticated approach
Intense competition and a slowdown in China’s economy will make the Hong Kong SME market more challenging writes Nicky Burridge.
Ping An's profits climbed 38% in 2015
Chinese financial services giant Ping An has reported a 38% rise in profits in 2015 to 54.2bn yuan (£5.88bn) compared with 39.3bn yuan in 2014.
Sompo Canopius hires from Chaucer for Asia head of engineering
Global specialty insurer Sompo Canopius has hired Wah Chuang Ng to become head of engineering for its Asia operations.
Anbang offers $6.5bn for US hotel chain
Chinese insurance giant Anbang has offered around $6.5bn (£4.5bn) for Blackstone-owned Strategic Hotel Resorts which runs 16 luxury US-based hotels and resorts.