Ping An Group outlines effect of IFRS 17 adoption

Published on July 28, 2023
Ping An Insurance (Group) Company of China, the country's biggest insurer by capitalisation, has said that its adoption of IFRS 17 will not affect its product strategy and solvency position. There
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Motor insurance business accounts for lion's share of P&C underwriting gains in 1H

July 28, 2023
In the first half of 2023, the non-life insurance sector grew by around 9% in terms of premium income and posted underwriting profits of around CNY11.5bn ($1.6bn).

ZhongAn Online P&C's change of board chairman unlikely to derail insurer's plans

July 28, 2023
ZhongAn Online P&C announced on 24 July 23 that Mr Ou Yaping had tendered his resignation as chairman of the company due to "personal work arrangements".