by AIP Online Bureau | Jul 1, 2025 | Eco/Invest/Demography, Health, International News, Life, Non-Life, Policy
The 3.5 trillion yuan ($486 billion) fund — which covers medical expenses for roughly 95% of China’s 1.4 billion people — will also set up a catalog of innovative drugs that can be reimbursed by commercial insurers, according to the document. The list could lead to...
by AIP Online Bureau | Jun 24, 2025 | Intermediaries, Non-Life, Reinsurance, Risk Management
Beat Strebel,CEO, China, Swiss Re These lesser understood risks are increasingly becoming a source of insurance payouts as extreme weather events lead to billions in economic losses. Traditionally, reinsurers — which provide coverage to insurance companies — haven’t...
by AIP Online Bureau | Jun 18, 2025 | Eco/Invest/Demography, Policy, Regulation
Total assets under foreign banks and insurance institutions in China have exceeded 7 trillion yuan ($974.01 billion), Li, director of the National Financial Regulatory Administration, told the Lujiazui Forum, a high-profile financial gathering China’s financial...
by AIP Online Bureau | Jun 7, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management, Technology
China holds a near-monopoly on rare earth magnets – a crucial component in electric vehicle motors – and it added them to an export control list in April as part of its trade war with the United States, forcing all exporters to apply to Beijing for licenses. In a...
by AIP Online Bureau | Jun 2, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
Across the Northern Hemisphere, the extreme heat is a reflection of how much warmer the Earth is compared with a few decades ago, Daniel Swain, a climatologist at the University of California, Los Angeles said. Since 1959, Europe in particular, but parts of the...
