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Assets of China's insurance companies see steady expansion
The total assets of China's insurance sector amounted to 29.6 trillion yuan (about 4.12 trillion U.S. dollars) at the end of the third quarter of this year, official data showed.
October23,2023
China's insurance companies handle 145,000 claims in disaster-hit regions
The value of payments and prepayments by insurance companies had reached 2.54 billion yuan (352.85 million U.S. dollars) for 145,000 claims in China's 16 regions affected by disasters as of Aug. 15, data showed Wednesday.
August17,2023
China's insurance sector maintains adequate solvency
China's insurance sector maintained steady operation and reported adequate solvency in the first quarter of this year, the country's banking and insurance regulator said.
July07,2022
Top 5 A-share listed Chinese insurers pocket nearly 300 billion yuan of investment income in H1
China's top five A-share listed insurance companies achieved a total investment income of 299.514 billion yuan in the first half of 2021, according to their interim reports, the Shanghai Securities News reported Wednesday.
September01,2021
China's insurance AMCs, PE fund managers register products worth nearly 1 trln yuan in 2020
The value of products registered by China's insurance asset management companies (AMCs) and private equity (PE) fund managers totaled 975.84 billion yuan (about 150.8 billion U.S. dollars) in 2020, up 71.6 percent year on year, official data showed.
March01,2021
Complaints against China's insurance companies increase in Q3
Consumer complaints against China's insurance companies increased 8.96 percent quarter on quarter in the July-September period of this year, with 36,754 cases received by the China Banking and Insurance Regulatory Commission (CBIRC) and its local bureaus.
December03,2020
China's insurance companies' profit down 14.44 pct in Q1
China's insurance companies saw falling profit in the first quarter as the novel coronavirus outbreak hurt businesses and investment returns, but the market remained stable as insurers took a string of efforts to mitigate the impacts of the epidemic.
May14,2020
China's five listed insurers report premium income growth
China's five listed insurance companies reported strong month-on-month growth in premium income in March as work resumptions accelerate across the country following basic containment of the novel coronavirus outbreak.
April26,2020
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