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  • China's commercial health insurance accelerates transformation with new technological innovation: IAC

    China's health insurance sector put on an outstanding performance against the background of the overall downturn in the insurance industry, according to a research report recently released by the Insurance Association of China, the Xinhua-run Shanghai Securities News reported Thursday.


  • Insurance for new energy vehicle likely to come out soon

    The particular terms of commercial insurance for new energy vehicle(NEV) is expected to come out soon as the Insurance Association of China started to solicit public opinions on the draft particular terms on Wednesday, the Xinhua-run Shanghai Securities News reported.


  • Chinese export insurance company reports steady business growth in Q1

    China's only policy-oriented insurer specializing in export credit insurance registered steady business growth in the first quarter of 2021 as it beefs up support for helping companies handle overseas risks.


  • China Life Insurance reports premium income growth in 2020

    China Life Insurance Company Limited, one of the country's biggest insurers, posted premium income growth in 2020.


  • China's insurance sector sees premium income growth in January

    China's insurance industry registered strong recovery in January 2021, seeing premium income up 11.2 percent year on year, official data showed.


  • China's insurance sector maintains adequate solvency in 2020 despite pandemic

    China's insurance sector has reported adequate solvency in 2020 despite the COVID-19 pandemic, the country's banking and insurance regulator said on Thursday.


  • China's banking, insurance sector contributes to economic recovery amid epidemic

    China's banking and insurance sector has taken a slew of measures to buoy the recovery of the country's economy amid COVID-19 disruptions, an official said on Tuesday.


  • China's insurance market to maintain stable in 2021, report

    China's insurance market is expected to maintain stable in 2021, the Xinhua-run cited a report released by the Insurance Association of China on Monday.


  • Foreign insurers continue to benefit from China's financial opening-up

    Foreign-funded insurers continued to benefit from China's financial opening-up, with their premium income in 2020 exceeding 352.44 billion yuan (about 54.58 billion U.S. dollars), up 12.43 percent year on year, 6.8 percentage points higher than that of their Chinese counterparts, reported Shanghai Securities News on Wednesday.


  • China's insurance sector reports premium growth in 2020

    China's insurers' premium income increased 6.12 percent year on year to 4.53 trillion yuan (about 700 billion U.S. dollars) in 2020, official data showed.


  • China's banking, insurance sectors to strengthen support for real economy

    China's banking and insurance sectors will ramp up support for the real economy and unveil measures to prevent financial risks in 2021, the country's top banking and insurance regulator said on Wednesday.


  • China to expand insurance-covered medical service

    China has unveiled new regulations, encouraging more medical institutions and retail pharmacies to link up with the country's medical insurance system for reimbursements.


  • China insurance sector hails stable solvency adequacy ratio in Q3

    China's insurance industry ran through the third quarter with generally stable solvency adequacy ratio, reported Xinhua Finance, a Xinhua-run financial information platform on November 27.


  • China scrapes limits on industries of insurers' minority equity investment

    Chinese insurance regulator canceled restrictions over the industries permitting insurers to conduct the alleged "financial equity investment" which is more like minority equity investment on November 12, reported Xinhua Finance, a financial news platform run by Xinhua News Agency on last Friday.


  • Hainan launches insurance covering 49 anti-cancer drugs

    South China's Hainan Province on Wednesday launched a medical insurance plan that covers foreign medicines yet to be approved domestically for the treatment of cancers.


  • Interview: Reinsurer Swiss Re optimistic about market growth in China

    Swiss reinsurer Swiss Re has said China will underpin the insurance market's comeback from the COVID-19 pandemic and vows to help introduce "innovated by China" to the global stage.


  • E. China's Anhui promotes integration of banking, insurance industries into integrated dev. of Yangtze River Delta

    East China's Anhui Province issued a guideline recently to promote the integration of banking and insurance industries into the integrated regional development of the Yangtze River Delta.


  • China Enterprise Confederation, Insurance Association of China ink MOU to better serve real economy

    The Insurance Association of China (IAC) and China Enterprise Confederation signed a memorandum of understanding (MOU) last Saturday, in a bid to provide better services for the real economy.


  • China AMCs register products worth over 350 billion yuan

    China's insurance assets management companies (AMCs) registered 192 debt and equity investment plans valued at more than 357.15 billion yuan (about 51.68 billion U.S. dollars) in the first seven months of this year, official data showed.


  • China's online personal insurance premiums up 12.2 pct in H1

    China's online personal insurance market posted steady expansion in the first half of the year, with premiums rising 12.2 percent year on year, according to data from the Insurance Association of China.


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