Ping An's 3Q performance deemed resilient, real estate arm may need rescue by group

Published on November 3, 2023
Ping An Insurance Group, China's biggest insurance group by capitalisation, remained resilient in 3Q2023, amid the economic challenges in China, achieving an annualised operating ROE of 16.7% with an
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Authorities lengthen assessment horizon for insurers to focus on long term equity investments

November 3, 2023
China has revised its method of assessing the performance of state-owned commercial insurance companies, with the focus on the long term, according to a circular of the Ministry of Finance released

Martina Neary named EY UK Insurance Leader

November 3, 2023
EY has named Martina Neary as its UK Insurance Leader, joining the UK Financial Services leadership team to lead across General Insurance, Life and Pensions and Specialty Insurance.Neary commented: “The insurance sector is at a pivotal moment. Firms are facing a number of economic headwinds including sustained cost and inflationary pressures, increased competition for customer assets, and at the s