With renewal round the corner, the 9th SIRC saw reinsurers reminding the record number of more than 650 delegates from around the world, the need for all to stay profitable. We bring you a brief ...
An amendment to China’s company law with effect from July 2024 has brought in a significant increase in the acquisition of directors and officers liability insurance covers.
The Indian insurance market has enough potential for everyone, and it is also highly liberalised. However, for a variety of reasons, foreign investment in the sector has not lived up to expectations.
As a special new year treat, we present findings from a Deloitte Financial Services survey on the top five issues that will impact the industry in the next three to five years. Managing risks remains ...
As insurance companies release their 2024 annual claims reports, a clearer picture of the industry's claims landscape is emerging.
China Pacific Insurance (CPIC) announced that its net profit attributable to shareholders for 2024 is projected to range between CNY42.2bn ($6.33bn) and CNY46.3bn. This represents an increase of ...
In 2024, premiums from new energy vehicle (NEV) commercial insurance reached approximately CNY117.7bn ($17.66bn), marking a 52.93% year-on-year increase. This milestone represents the first time NEV ...
Recently, an investor inquired whether PICC engages in overseas projects and which industries its insurance products cover. In response, PICC's board secretary Zeng Shangyou explained that the company ...
On January 17, the National Financial Regulatory Administration (NFRA) announced the Insurance Company Supervision Rating Guidelines (referred to as 'the guidelines'), which outline the procedures for ...