Reinsurance News
China
China’s insurance and reinsurance market has been growing rapidly in recent years, alongside the country’s economic development. Data suggests that the growth rate of the China insurance and reinsurance market has significantly outpaced domestic GDP growth, while both insurance density and penetration has been increasing at pace.
Read our China insurance or reinsurance news and analysis below.
Jun Xu joins Zhibao Labuan Reinsurance board as Independent Director
18th May 2026
Industry veteran Jun Xu has joined the board of Zhibao Labuan Reinsurance Company Limited, a China-based insurtech specialising in digital insurance brokerage, as an Independent Director. With over 30 years of senior leadership experience, the executive brings exceptional depth of international insurance and reinsurance expertise to the company's leadership. Her career ... Read the full article
China shielded from immediate supply shock despite Middle East tensions: Coface
14th May 2026
Trade credit insurance specialist Coface says China has so far avoided major supply disruption linked to ongoing tensions in the Middle East, although mounting energy costs are creating fresh pressure across the country’s industrial sector. In a new analysis, Coface states that China is in a stronger position than many other ... Read the full article
Gallagher Re appoints Jun Liu as Head of China Agriculture
5th May 2026
Gallagher Re, a global reinsurance broker and risk advisory firm, has announced the appointment of Jun Liu as Head of China Agriculture, in addition to his current role as Deputy Head of the Beijing team. The executive joined Gallagher Re in 2025 from Datong Insurance, where he served as Deputy Head ... Read the full article
Henry To appointed Chairman of Howden Re Hong Kong
1st April 2026
Global reinsurance broker Howden Re has announced the appointment of industry veteran Henry To as Chairman of its Hong Kong operations, a strategic move aimed at accelerating the firm’s growth across Greater China and the wider Asia-Pacific region (APAC). To joins the firm with more than four decades of reinsurance experience, ... Read the full article
Ping Li (Eva) appointed to expanded leadership role at Howden Re China
16th February 2026
Howden, an insurance brokerage and risk advisory group, has promoted Ping Li (Eva) to a senior leadership role within its reinsurance division, Howden Re, in Mainland China. Ping Li has more than 15 years of experience across the insurance and reinsurance sectors and has been part of Howden’s China team for ... Read the full article
Klapton Re secures regulatory accreditation to write reinsurance in China
6th February 2026
Zambia-based reinsurer Klapton Reinsurance has announced that it has secured regulatory accreditation to write reinsurance business in China. This marks the company’s entry into one of the world’s most sophisticated and competitive insurance markets. Klapton Re said, “China is a market that values credibility, discipline, speed, and long-term relationships principles that are ... Read the full article
Ageas expects profit boost thanks to China JV performance
19th January 2026
International insurance group Ageas has updated its Net Operating Result guidance as it is now expecting to make significantly more profit in 2025 than originally forecasted thanks to a tax change in China. The updated guidance range is now set between EUR 1.6 and 1.65 billion, a notable rise from the ... Read the full article
QBE Re names Sven Liu as Head of Greater China
19th January 2026
QBE Re, the reinsurance arm of global insurer QBE, has appointed Sven Liu as Head of Greater China, who brings more than 16 years of international reinsurance experience across Asia and Europe. Liu is a seasoned multi-line underwriter and has held senior roles focused on underwriting, client engagement, and business development ... Read the full article
Steady premium growth keeps China’s non-life outlook stable: AM Best
30th October 2025
AM Best has maintained a stable outlook for China’s non-life insurance sector, supported by steady premium growth driven by the expansion of new energy vehicles (NEVs), ongoing health reforms, emerging product innovations, and regulatory initiatives aimed at fostering market development. A new report from the rating agency notes that, despite concerns ... Read the full article
S&P rates Liberty Mutual’s China unit ‘A-’ with stable outlook
19th August 2025
S&P Global Ratings has assigned an 'A-' local currency long-term issuer credit and financial strength rating to Liberty Insurance Co. Ltd. (Liberty China), the China-based underwriting entity of Liberty Mutual Group Inc. The outlook is stable. S&P said the rating reflects Liberty China’s strategic importance to its US-based parent, underlining the ... Read the full article
Zhibao Technology signs agreement to form joint venture for risk reduction services in China
18th August 2025
Zhibao Technology Inc., a China-based InsurTech company specialising in digital insurance brokerage, has announced that it has entered into an agreement to establish a joint venture with Beijing Zhongfang Hongchuang Technology Company Limited, a wholly owned subsidiary of the China Disaster Prevention Association, and Guangzhou Ruiling Intelligent Technology Co., Ltd., ... Read the full article
Chinese non-life insurance sector shows resilience amidst market challenges: Fitch Ratings
30th June 2025
Fitch Ratings, a credit rating agency, reports that China’s non-life insurance sector continues to exhibit strong financial stability, which has supported consistent growth in premiums and improved underwriting outcomes during the first quarter of 2025. According to Fitch Ratings, despite ongoing challenges related to tariff-driven trade tensions, the sector has benefited ... Read the full article
Moody’s affirms Chinese insurer ratings, but cites trade tension risk
29th May 2025
Moody’s Ratings has affirmed the ratings and maintained negative outlooks on eight Chinese insurers and one related overseas subsidiary, following its affirmation of China’s A1 sovereign rating with a negative outlook. The nine insurers affected are: China Life Insurance Co. Ltd., China Life Insurance (Overseas) Company Ltd., China Life P&C Insurance ... Read the full article
April investments highlight growing appetite for China’s re/insurance sector
19th May 2025
April investments in four Chinese insurers by foreign shareholders signals growing international appetite in the country’s re/insurance industry, media group Yicai Global highlighted in a recent publication. This group includes four local insurers: Generali China Insurance, Fosun United Health Insurance, AXA International Reinsurance and Citic Prudential Life, according to data from ... Read the full article
Well-balanced reinsurance supply & demand in Greater China at 1.4 renewals: Aon
4th April 2025
Reinsurance supply and demand in Greater China are well-balanced at the start of 2025, with reinsurance conditions at the April 1 renewals building on the favourable trends seen at 1.1, according to global insurance and reinsurance broker Aon. In its recent Reinsurance Market Dynamics report, Aon noted that in the Greater ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
