Author: insurancejournalnews
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Two recent surveys highlight how escalating insurance expenses are straining the financial health of multifamily housing operations, especially impacting affordability.
Residents of North Carolina are grappling with insurance claim denials and policy cancellations in the wake of Hurricane Helene, leaving many feeling frustrated and uncertain about their future.
Manufactured and mobile home owners in Florida are struggling to find and afford home insurance, leading to homes being put up for sale.
AIA Life Insurance, the wholly-owned subsidiary of AIA Group Limited in mainland China, saw significant gains in 2024, with new business value up 20% and annualized new premiums increasing by 10%.
Insurance companies in China have been hit with a significant number of fines this year, reflecting increased regulatory scrutiny.
Data from the National Financial Supervision Administration (NFSA) reveals a continuing downward trend in the number of professional insurance intermediaries in China.
Ping An, a leading insurance company in China, has released its 2024 financial report, revealing insights into agent recovery and life insurance trends.
Key developments and updates from the Chinese insurance market.
AIA Life Insurance, the wholly-owned subsidiary of AIA Group Limited in mainland China, experienced significant growth in 2024, with a 20% increase in new business value and a 10% rise in annualized new premiums.