Tag: China insurance

Insurance news in China reveals intentions to invest in foreign real estate

G. Turner
China Insurance industry news

Experts have predicted that these Chinese investors will be making their main focus in large cities. The latest insurance news from China is that their insurance funds are now looking to make investments into properties into the biggest Asian cities outside of its own borders. The prediction is that there will be approximately $14 billion (USD) focused on real estate. This insurance news has indicated that the primary real estate markets could be the largest cities in Hong Kong, Malaysia, Thailand and Singapore. The insurance funds will be focusing on…

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Munich Re Licenses AIR’s Updated Crop Insurance Models for the United States and China

Guest Author
insurance news

BOSTON, Aug. 7, 2013 — AIR Worldwide (AIR) today announced that it has updated its Multiple Peril Crop Insurance (MPCI) Models for the United States and China. These are weather-based models that estimate underwriting gains and losses based on crop yield probabilities in the context of current conditions. Munich Re, a leading global reinsurer, has licensed the updated models to enhance its risk management capabilities for its catastrophe-exposed agricultural treaties. “The risk associated with agricultural insurance portfolios is extremely complex, which makes them challenging for insurance and reinsurance carriers participating…

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Insurance industry premium growth will be driven by Asia-Pacific markets

H. Cutner
Asia Pacific Insurance Industry Growth

Recent predictions show that by the year 2020, the income from that region’s premiums will have doubled. The results of a new study from the Economic Research Department at Munich Re have shown that by the year 2020, the insurance industry premiums income from the Asia-Pacific region will have doubled their current size. Until that year, nearly half of the estimated additional worldwide primary premiums will come from that region. This equates to approximately €1 trillion, which will be generated by the Asia-Pacific insurance industry. The report on the findings…

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European insurance industry sees major promise in the east

China insurance market news

European insurance industry sets sights on China Many sectors in the global insurance industry have been experiencing exceptional growth in recent years. For European insurance giants, Asia is becoming the most attractive market in the world. Prudential, the largest insurer in Europe, claims that the best investments that the insurance industry can make are in Asia. Prudential CEO Tidjane Thiam notes that China, in particular, is home to the fastest growing sector of the insurance industry, making the country very attractive to investors despite some of the restrictions imposed on…

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Insurance news announcement from China includes forced pollution coverage

G. Turner
china pollution insurance news

Chinese industries that pollute the most heavily will be required to purchase coverage for damage compensation. China has made a government insurance news announcement that will require the most heavily polluting industries to take part in a form of coverage program that will make certain that they are capable of providing compensation for the environmental damage that they cause. The Communist Party in the country has placed a central focus on the pollution in the country. This is the result of the considerable insurance news headlines that have been made…

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