As insurance companies release their 2024 annual claims reports, a clearer picture of the industry's claims landscape is emerging.
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 ...
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 ...
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 ...
On January 17, the National Financial Regulatory Administration (NFRA) announced the Insurance Company Supervision Rating Guidelines (referred to as 'the guidelines'), which outline the procedures for ...
The Indian market is currently dominated by variants of the Mediclaim product which was designed and offered by the four public sector insurers before privatisation. A standard health product would ...
In this exclusive interview with Dr Suthiphon Thaveechaiyagarn, Secretary-General of the Office of Insurance Commission (OIC), Thailand, he gives an in-depth view of the insurance industry today and ...