China Taiping Archives - InsuranceAsia News https://insuranceasianews.com/companies_category/china-taiping/ Tue, 09 Dec 2025 07:34:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 ‘China Taiping good enough on its own’ after Wang Fuk Court fire, HKIA CEO Clement Cheung says https://insuranceasianews.com/china-taiping-good-enough-on-its-own-after-wang-fuk-court-fire-hkia-ceo-clement-cheung-says/ Mon, 08 Dec 2025 09:46:45 +0000 https://insuranceasianews.com/?p=206341 About 10,000 active life insurance policies from 35 insurers and 1,800 property policies from 35 insurers have been identified as having been issued to residents, he adds.

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China Taiping (Hong Kong) is expected to remain resilient without the need for additional external support following last month's deadly fire at the Wang Fuk Court public housing estate, where it was ...

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The post ‘China Taiping good enough on its own’ after Wang Fuk Court fire, HKIA CEO Clement Cheung says appeared first on InsuranceAsia News.

]]> Wang Fuk Court unlikely to alter China Taiping’s rating fundamentals: AM Best https://insuranceasianews.com/wang-fuk-court-unlikely-to-alter-china-taipings-rating-fundamentals-am-best/ Fri, 05 Dec 2025 08:21:04 +0000 https://insuranceasianews.com/?p=206212 Rating affirmed the carrier’s ratings as it is well-positioned to manage the claims, supported by its parent company and prudent reinsurance arrangements.

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AM Best has affirmed China Taiping’s (Hong Kong) financial strength rating of A (Excellent) as it expects that the Wang Fuk Court fire is unlikely to change the rating fundamentals of the company over...

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]]> China Taiping to sustain quality growth with prudent investment strategy: Fitch Ratings https://insuranceasianews.com/china-taiping-to-sustain-quality-growth-with-prudent-investment-strategy-fitch-ratings/ Tue, 04 Nov 2025 05:57:38 +0000 https://insuranceasianews.com/?p=203699 Fitch says China Taiping’s consolidated credit quality has been raised to a, from a-, reflecting the group’s sustained capital strength, resilient profitability and 'most favourable' company profile.

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China Taiping Insurance Group (TPG) will sustain its quality growth and maintain a prudent investment strategy, supported by its strong capitalisation and diversified business profile, Fitch Ratings s...

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]]> China Taiping Insurance appoints Bin-Hao Nah as marine cargo section head in Singapore https://insuranceasianews.com/china-taiping-insurance-appoints-bin-hao-nah-as-marine-cargo-section-head-in-singapore/ Tue, 16 Sep 2025 09:33:05 +0000 https://insuranceasianews.com/?p=200120 He joins from Howden, having also worked for Marsh McLennan, Aon, Newstate Stenhouse, and Beazley.

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Bin-Hao Nah has been appointed as the new section head for marine cargo at China Taiping Insurance in Singapore, he confirmed via a LinkedIn update.
Nah (pictured) joins from Howden, where he had been...

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]]> Taiping Re’s profit surges 75% despite flat premiums https://insuranceasianews.com/taiping-res-profit-surges-75-despite-flat-premiums/ Thu, 28 Aug 2025 15:06:10 +0000 https://insuranceasianews.com/?p=198585 China Taiping reported a 12.2% rise H1 FY25 profit led by a sharp rise in reinsurance profitability and improved underwriting margins.  

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Profits from China Taiping Insurance’s reinsurance arm, Taiping Re, rose by 74.8% year-on-year basis to HK$871.8 million (US$112 million) in the first half of the year (H1 FY25), despite premium incom...

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]]> Fitch downgrades five Chinese insurers in line with sovereign rating action https://insuranceasianews.com/fitch-downgrades-five-chinese-insurers-in-line-with-sovereign-rating-action/ Thu, 10 Apr 2025 08:48:28 +0000 https://insuranceasianews.com/?p=180860 The rating action was on export credit insurer Sinosure and China Taiping Insurance and its three subsidiaries.

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Fitch Ratings has downgraded the ratings on five Chinese insurers and affirmed the rating on one insurer following the downgrade of China's sovereign rating, a statement said.
The rating agenc...

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]]> China Taiping, subsidiaries to benefit from government support: Fitch https://insuranceasianews.com/china-taiping-and-subsidiaries-to-benefit-from-government-support-fitch/ Mon, 27 Jan 2025 06:56:34 +0000 https://insuranceasianews.com/?p=174653 Fitch has affirmed 'A' rating with negative outlook for all non-life entities except Taiping Re, which has been given stable outlook on its credit profile and strong underwriting performance.

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China Taiping Insurance Group (TPG) and its subsidiaries will continue to benefit from government support, Fitch Ratings said.
The rating agency has provided a two-notch uplift in rating from its stan...

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]]> Tibet earthquake payments top US$60,000 from Chinese insurers https://insuranceasianews.com/tibet-earthquake-payments-top-us60000-from-chinese-insurers/ Thu, 09 Jan 2025 09:39:42 +0000 https://insuranceasianews.com/?p=173114 88 reports, with a total of 20 claims, have been made to insurers, including PICC, China Continent, China Taiping and Sunshine.

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Chinese insurers have paid compensation claims worth CNY453,000 (US$61,788) after a deadly earthquake struck in a remote part of western China on January 7, according to the regional financial supervi...

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]]> China Taiping promotes Yin Zhaojun to chairman https://insuranceasianews.com/china-taiping-promotes-yin-zhaojun-to-chairman/ Thu, 19 Dec 2024 18:50:23 +0000 https://insuranceasianews.com/?p=172137 Yin, who was previously vice chairman, executive director and general manager, succeeds incumbent Wang Sidong who will retire.

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China Taiping has  promoted Yin Zhaojun to the chairman of the board, effective December 18, according to a Hong Kong stock exchange announcement. Yin succeeds Wang Sidong who will retire.
Yin (pictur...

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]]> Investment income key profitability driver for China Taiping Hong Kong: AM Best https://insuranceasianews.com/investment-income-key-profitability-driver-for-china-taiping-hong-kong-am-best/ Sun, 08 Dec 2024 21:37:28 +0000 https://insuranceasianews.com/?p=171436 AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (excellent) for China Taiping Insurance (HK) with a stable outlook. 

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Investment income continues to be a key driver of profitability for China Taiping Insurance Hong Kong, supported by a mid-single-digit investment yield, according to a rating report by AM Best.
The ra...

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