PICC Life's new business value surges in 1H following removal of COVID-19 restrictions

Published on September 22, 2023
China's removal of COVID-19 pandemic-containment measures has supported new business generation at life insurers in 2023, with PICC Life Insurance Company reporting strong growth in new business
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European business chamber calls for risk rating method tailored for bankassurers

September 22, 2023
The Insurance Working Group (IWG) of the European Chamber in China has suggested that Chinese regulators adjust the 'related party transaction' indicators in insurers' risk ratings to reflect the

Planck launches first GenAI-enhanced underwriting workbench

September 22, 2023
Planck, global insurtech platform for commercial insurance, has launched the first generative artificial intelligence (GenAI) enhanced underwriting workbench known as Planck PLUS.Planck PLUS is both a strategic toolkit and a trusted co-pilot that leverages the latest AI technologies and proprietary machine learning models to set a new standard in underwriting risk research, insight generation, dat