China's insurance industry posted CNY4.7tn ($697bn) in premium income in 2022, an increase of 4.58% compared to 2021, according to statistics released by the CBIRC.
Home property insurance grew at the fastest pace in 2022 among the various branches of insurance in China, with an increase of 67.3% to CNY16.4bn ($2.44bn) compared to 2021, data released by the CBIRC show.
Affordable rental housing is an attractive, growing risk pool for property insurance solutions in China, given its combination of social protection features through the government's support and endorsement, and fully market-orientated financing for its construction and business operations, says...
Motor insurance business continued to contribute the biggest share of premium income for non-life insurers in...
In 2023, the sales environment of the insurance industry is expected to improve, both internally and...
While crowdfunding may help patients in need, medical crowdfunding platforms not only fail to reduce inequality among those in need of assistance,...
Cheche Technology, China's leading auto insurance technology platform, and Prime Impact Acquisition I (PIAI), a New York traded special purpose...
China's economic reopening and renewed focus on growth create upside risk to the 2023 real GDP growth forecast, says Swiss Re Institute (SRI).
Cheche Technology is one of the top InsurTech companies in China focusing on online motor insurance. At present, the company serves over 50m...
How does Sumitomo Mitsui China stay ahead of its parent company in terms of digitalisation and what can it learn from its parent company's success in...
China's fiercely competitive environment determines that property and casualty insurance companies must pursue a different approach to achieve...
In Part Two of an exclusive interview, Mr Gao talks to Asia Insurance Review of the different impact of COVID-19 on different economic sectors and on...
In an exclusive interview, Mr Gao talks to Asia Insurance Review of how the brokerage has been managing business amidst COVID-19 challenges. He...
Mr Guo comments on how technology is deployed in distribution channels; motor insurance services; Ping An's IT achievements that have won global...
In the second part of an exclusive interview with Asia Insurance Review, Dr Jin Qi, CEO of SAIC insurance operations, speaks about how INSAIC built...
In an exclusive interview with Asia Insurance Review, Dr Jin Qi, CEO of SAIC insurance operations, comments on wide-ranging issues, including...
Part 2: Mr Xu Jianguo, CIO of CPIC Group, elaborates on the group's 3-year IT detail plan that encompasses mid-office platforms, joint insurance...
In an exclusive interview, Mr Xu Jianguo, CIO of CPIC Group, outlines the digitalisation of the group, including cloudification and the group's...
Mr Shen Peng, CEO of Waterdrop, an InsurTech company which was listed in New York in May, talks about why the company was founded and the factors...
An insightful interview with Mr Chen Wei, CTO of TK.cn, which is part of the giant Taikang insurance group, in which Mr Chen highlights how the...
A far-reaching interview with ZhongAn Online P&C Insurance CEO Jiang Xing provides fascinating insights into remarkable growth in the sector - and...