While automation and AI promise faster and more personalised services, online penetration remains limited in life and health insurance due to product complexity and the demand for financial advice.
China’s insurance regulators have made sweeping changes to close the protection gap and improve policyholder experience.
For too long, the life insurance sector has been the dull cousin of general insurance – lacking the dynamism and product ...
The global reinsurance sector is in a stable position for 2025, said S&P, according to its latest report on the topic.
MS Amlin has renewed its Phoenix Re sidecar for the fifth consecutive year, increasing the available collateralised capacity to more than $90m.
Global Medical Trend Rates report published by Aon in January 2025 forecasts a projected 11.1% rise in the trend rates in the ...
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 ...