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China tag returned 70 results

  • Asia Pacific: Personal accident and health insurance to hit US$240.1bn in 2023

    Personal accident and health (PA&H) insurance written premium in the Asia-Pacific region is projected to grow from US$157.6bn in 2019 to US$240.1bn in 2023, according to data and analytics company GlobalData.

    Date : 08 Dec 2020
  • Hong Kong: Greater Bay Area initiatives announced in Policy Address welcomed by Insurance Authority and HKFI

    Hong Kong SAR Chief Executive Carrie Lam unveiled the government's blueprint for insurance in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) in her policy address 2020.

    Date : 01 Dec 2020
  • Top tips for better retirement and legacy planning

    A recent supporting parents survey conducted by HSBC found that familial ties remain strong in Singapore with the majority financially supporting their elderly parents. However despite getting financial support from their children, the elderly still experience some degree of financial difficulties. They are also less tech-savvy when it comes to managing their finances and many do not have a professional inheritance plan in place.

    Date : 10 Nov 2020
  • Asia Pacific: Medical trend costs will drop to 8% in 2021

    Medical trend costs are expected to drop to 8% in 2021 from the 8.7% projected for 2020 in Asia Pacific, according to a survey by Aon plc, a global professional services firm providing a broad range of risk, retirement and health solutions.

    Date : 10 Nov 2020
  • AIA China gets green light for branch in Sichuan

    AIA China has received approval from the China Banking and Insurance Regulatory Commission (CBIRC) to begin preparations to establish a new branch in Sichuan. This will be AIA China's first new branch since the inauguration of its wholly-owned life insurance subsidiary in July 2020.

    Date : 10 Nov 2020
  • What insurers can learn from China's continuing COVID-19 recovery - McKinsey

    COVID-19 has turned the world upside down, with the global economy going into reverse and countries shutting down across the world. China was the first country to shut down and is one of the first to reopen. Today, many industries, including insurance, are watching closely to see what happens as China progresses through its economic recovery. Arthur Bi and David Schiff, Partners at McKinsey, share their insights in this article.

    Date : 29 Sep 2020
  • HSBC signals new investments in wealth and insurance in Mainland China

    HSBC Life China, the HSBC Group's life insurance joint venture in mainland China, has started offering a new digitally-enabled financial planning and insurance service in July 2020, delivered by newly recruited personal wealth planners who will provide a needs-based wealth planning experience and insurance service outside the bank's branch network to meet a holistic range of wealth, health and protection goals.

    Date : 07 Jul 2020
  • China Banking and Insurance Regulatory Commission extends preferential treatment for the Hong Kong insurance industry

    The China Banking and Insurance Regulatory Commission (CBIRC) has announced an extension of the preferential treatment accorded to Hong Kong under the "China Risk Oriented Solvency System" for another year to 30 June 2021. This means that Mainland insurers who cede businesses to qualified Hong Kong professional reinsurers are allowed to enjoy lower capital requirements.

    Date : 30 Jun 2020
  • China: AIA approved as the first foreign company with a wholly-owned life insurance subsidiary

    AIA has received approval from the China Banking and Insurance Regulatory Commission to convert its Shanghai Branch into a wholly-owned subsidiary of AIA. This new subsidiary will be incorporated in Shanghai and is the first wholly foreign-owned life insurance company approved for incorporation in Mainland China.

    Date : 23 Jun 2020
  • DocDoc partners China's top insurance companies on Kaitaiming's insurance agent platform

    DocDoc Pte. Ltd. annnounced a partnership with Kaitaiming Technolgy ('KTM') to expand its reach into China and offer its doctor discovery services to the policyholders of China's top insurance companies on KTM's platform.

    Date : 10 Jun 2020
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