Global Medical Trend Rates report published by Aon in January 2025 forecasts a projected 11.1% rise in the trend rates in the ...

In 2024, premiums from new energy vehicle (NEV) commercial insurance reached approximately CNY117.7bn ($17.66bn), marking a 52.93% year-on-year increase. This milestone represents the first time NEV ...

People are the cornerstone of any organisation, serving as its pillar and backbone. At Allianz Asia Pacific, we place our people at the centre of everything we do, fostering a culture of care that ...

China Pacific Insurance (CPIC) announced that its net profit attributable to shareholders for 2024 is projected to range between CNY42.2bn ($6.33bn) and CNY46.3bn. This represents an increase of ...

A record number of close to 1000 delegates from 45 countries have registered for the 18th India Rendezvous that kicks off in Mumbai today. The event, for the first time is seeing an equal number of ...

Speakers at the opening session of the 18th India Rendezvous in Mumbai yesterday highlighted the huge potential in the Indian ...

As 2025 begins, regulatory announcements continue to highlight the closure of insurance branches, reflecting the ongoing trend of streamlining operations across the industry.

The changing middle class and effects of climate change are forcing the insurance industry into a constant state of ...

On 10 January, the Insurance Association of China (IAC) convened a meeting of the Life Insurance Liability Reserve Assessment Rate Expert Advisory Committee to analyze the current macroeconomic ...

As insurance companies release their 2024 annual claims reports, a clearer picture of the industry's claims landscape is emerging.

Recently, an investor inquired whether PICC engages in overseas projects and which industries its insurance products cover. In response, PICC's board secretary Zeng Shangyou explained that the company ...