China Archives - InsuranceAsia News https://insuranceasianews.com/country/china/ Wed, 31 Dec 2025 02:47:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 Munich Re names Eric Zhao Beijing branch CEO, succeeding Adrian Goh https://insuranceasianews.com/munich-res-eric-zhao-to-succeed-adrian-goh-as-beijing-branch-ceo/ Mon, 29 Dec 2025 10:25:22 +0000 https://insuranceasianews.com/?p=207694 Goh will become the reinsurer's regional chief risk officer from February 1.

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Munich Re has appointed Eric Zhao as chief executive officer of its Beijing branch, succeeding Adrian Goh, who will become chief risk officer for APAC, the Middle East, and Africa from February 1.
Zha...

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]]> Tai Po fire loss ‘managable’ for China’s Qianhai Re, AM Best says as it reaffirms ratings https://insuranceasianews.com/tai-po-fire-loss-managable-for-chinas-qianhai-re-am-best-says-as-it-reaffirms-ratings/ Fri, 12 Dec 2025 04:29:32 +0000 https://insuranceasianews.com/?p=206678 Ratings agency cites Chinese reinsurer’s 'very strong' balance sheet and profitability.

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AM Best has reaffirmed its rating for Qianhai Re, citing the strength of the Chinese reinsurer’s balance sheet and its high levels of profitability.
The credit rating agency reaffirmed Qianhai Re’s fi...

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The post Tai Po fire loss ‘managable’ for China’s Qianhai Re, AM Best says as it reaffirms ratings appeared first on InsuranceAsia News.

]]> China Re nominates Zhu Xiaoyun to become first female president https://insuranceasianews.com/china-re-nominates-zhu-xiaoyun-to-become-first-female-president/ Thu, 11 Dec 2025 04:00:04 +0000 https://insuranceasianews.com/?p=206707 She is set to replaces Zhuang Qianzhi, who had been approved as chairman.

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China Reinsurance has nominated Zhu Xiaoyun as president following Zhuang Qianzhi's approval as chairman, according to official documents and local media reports.
Zhu, who previously was executive dir...

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]]> PICC vice president resigns amid state investigation into disciplinary breach https://insuranceasianews.com/picc-vice-president-resigns-amid-state-investigation-into-disciplinary-breach/ Wed, 10 Dec 2025 09:00:24 +0000 https://insuranceasianews.com/?p=206532 Zhang Daoming named temporary responsible officer for the state-backed insurer following Yu Ze's resignation.

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People’s Insurance Company of China (PICC) vice president Yu Ze has resigned, according to official documents from the Chinese state-backed insurer, after an official investigation was launched into "...

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]]> 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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]]> APAC non-life insurers to remain stable in 2026 as capital strength offsets regulatory, catastrophe pressures: Fitch https://insuranceasianews.com/apac-non-life-insurers-to-remain-stable-in-2026-as-capital-strength-offsets-regulatory-catastrophe-pressures-fitch/ Thu, 04 Dec 2025 06:22:06 +0000 https://insuranceasianews.com/?p=206072 Stable margins and strong solvency expected, Fitch says, with disciplined pricing and steady reinsurance support underpinning a neutral outlook.

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Non-life insurers in Asia Pacific are expected to maintain a resilient performance in 2026, supported by stable operating margins and strong solvency buffers, although evolving capital reg...

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The post APAC non-life insurers to remain stable in 2026 as capital strength offsets regulatory, catastrophe pressures: Fitch appeared first on InsuranceAsia News.

]]> Liberty Specialty Markets revamps APAC underwriting structure with 5 promotions https://insuranceasianews.com/liberty-specialty-markets-revamps-apac-underwriting-structure-with-5-promotions/ Thu, 04 Dec 2025 02:45:56 +0000 https://insuranceasianews.com/?p=206063 Moves for Marcus Thomas, Brett Gardiner, Angelo Maniatis, Shawn Anderson, and Ben Hissey impact Singapore, Hong Kong, China, India, Malaysia, and Australia.

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Liberty Specialty Markets has revamped its Asia Pacific underwriting structure across Singapore, Hong Kong, China, India, Malaysia, and Australia, following the confirmation of five internal appointm...

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The post Liberty Specialty Markets revamps APAC underwriting structure with 5 promotions appeared first on InsuranceAsia News.

]]> Asia Pacific accounts for half of US$22bn losses from 2025 tropical cyclones: Munich Re https://insuranceasianews.com/asia-pacific-accounts-for-half-of-us22bn-losses-from-2025-tropical-cyclones-munich-re/ Mon, 01 Dec 2025 08:00:50 +0000 https://insuranceasianews.com/?p=205767 Reinsurer’s preliminary estimates reveal a paradoxical season with numerous severe storms but total and insured losses far below decadal averages.

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Asia Pacific has accounted for around half of the US$22 billion total losses from tropical cyclones this year, according to Munich Re.
According to preliminary estimates, tropical cyclones in the Nort...

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]]> China Re’s capital strength fuels underwriting growth outlook: AM Best https://insuranceasianews.com/china-res-capital-strength-fuels-underwriting-growth-outlook-am-best/ Mon, 24 Nov 2025 06:42:42 +0000 https://insuranceasianews.com/?p=205240 Rating agency affirms financial strength rating of A (Excellent) and long-term issuer credit ratings of a+ (Excellent) for China Re and its subsidiaries, with a stable outlook.

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China Reinsurance (Group) Corporation’s capital position is expected to underpin continued growth in underwriting and asset risks over the short to intermediate term, AM Best said in a report.
This is...

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]]> Cynthia Yuan Xi named head of China Re’s climate risk research centre https://insuranceasianews.com/cynthia-yuan-xi-named-head-of-china-res-climate-risk-research-centre/ Wed, 19 Nov 2025 07:20:32 +0000 https://insuranceasianews.com/?p=204892 Former Fosun Insurance Group CFO has been at China Re in Beijing since March 2019.

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Cynthia Yuan Xi has become the new head of China Re’s climate risk research centre.
In a LinkedIn post on Wednesday, Xi said that she has now heads the unit dedicated to research into climate risks, a...

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