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Foreign insurance giants speed up deployment in China
Development of foreign insurers in China has significantly accelerated, and both premium income and market share have visibly increased, which will bring more resources to China, and push Chinese insurance companie to improve their capabilities, thus further stimulating China's insurance industry.
China's 5 biggest listed insurers report over RMB1.4 trln premium in H1
China's five largest listed insurance companies reaped about 1.4 trillion yuan of premium incomes in the first half year, up 7.6 percent year on year, reported the Xinhua-run Economic Information Daily Tuesday.
China to overtake U.S. as world's biggest insurance market
China is expected to surpass the United States to become the world's largest insurance market in the mid-2030s, according to a report from Swiss Re Institute.
China Life insurance premiums grow over 11 pct
China Life Insurance Co. Ltd., a leading insurer, saw its premium income increase by 11.9 percent year on year in the first quarter of 2019, company data showed.
China Taiping Insurance reports premium income growth of subsidiaries in Q1
China Taiping Insurance Holdings Company Limited, a leading insurer in the country, saw an increase in the premium income of its subsidiaries in the first quarter, data from a company announcement showed.
British insurer PCA confident of China market growth
British insurance giant Prudential Corporation Asia (PCA) said it is optimistic about China's market growth as the country's changing demographics and policy support are nurturing growing demand for sophisticated insurance products.
China Life insurance premiums grow over 20 pct in Jan-Feb
China Life Insurance Co. Ltd., a leading insurer in the country, saw its premium income increase by over 20 percent year on year in the first two months of 2019, company data showed.
Insurers encouraged to buy more shares of listed companies
China encourages insurance companies to buy more shares and bonds of high-quality listed companies, the country's top banking and insurance regulator said Monday.
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