Reinsurance News

China Taiping

Hong Kong fire losses to be manageable for China Taiping Insurance: Fitch

4th December 2025

Fitch Ratings expects the recent Wang Fuk Court fire in Hong Kong to result in a surge in near-term claims, but says these should be manageable and unlikely to affect the rating of China Taiping Insurance Group Ltd. (TPG, A-/Stable), whose Hong Kong-based subsidiary underwrites the complex’s property and liability ... Read the full article

Ageas to acquire 10% of Taiping Pension’s enlarged share capital

20th May 2024

Ageas has announced that it has finalised an agreement with China Taiping Insurance Holdings (CITH), in order to subscribe to the capital increase of its wholly controlled subsidiary Taiping Pension Co., Ltd (TPP) for a total consideration of RMB 1,075 million (around €137 million). After closing of the transaction, Ageas will ... Read the full article

DARAG receives approval for Part VII transfer with China Taiping

5th December 2022

DARAG Group has announced that its German insurance carrier - DARAG Deutschland AG, has received court approval to complete a Part VII transfer with China Taiping Insurance (UK) Co Ltd (CTI), a subsidiary of China Taiping Insurance Group. In December 2021, DARAG announced that it had signed an agreement for ... Read the full article

China Taiping Insurance Singapore appoints Zhang Zhongyi as Chief Executive

29th June 2022

China Taiping Insurance (Singapore) Pte. Ltd. have appointed Zhang Zhongyi as the Chief Executive of its Singapore business, where it operates as a composite insurer. Zhongyi has a strong amount of experience within the industry, spanning nearly three decades across various multinational financial and insurance companies, with 21 years of service ... Read the full article

China Taiping considers selling 25% stake in reinsurance subsidiary

17th June 2020

China Taiping Insurance Holdings Company Limited has announced that it's considering the sale of around 25% of its interest in its reinsurance subsidiary, Taiping Reinsurance Company Limited (TPRe), to external investors. The Board of China Taiping has revealed that the company is considering a potential issuance of shares of TPRe, its ... Read the full article