China
Moody’s expects steadier ZhongAn profits as tech losses narrow
Moody’s expects steadier ZhongAn profits as tech losses narrow
Losses in its non-insurance businesses narrowed to $5.34m.
Tian An P&C bond lapse highlights sector governance gaps: S&P
Tian An P&C failed to repay a $730m capital supplementary bond.
China reinsurance market stable as capacity grows: AM Best
The motor segment has entered a low-growth phase, though profitability has improved.
China unveils national catalogue for long-term care insurance services
The catalogue has 36 services items for daily life care and medical care.
Generali China Insurance uses drones to improve solar plant coverage
Quantified Energy’s drones use electroluminescence imaging to spot hidden defects.
China BOCOM Insurance to maintain stable performance with BOCOM support
CBIC’s earnings continue to rely on investment income.
China Life Insurance outlook lifted as CGS raises forecasts
CGS International expects NBV margins to improve.
Aon projects China health insurance to grow 7.4% CAGR by 2032
Telemedicine is the most adopted service.
Ping An Health sustains profit as growth slows in China
The company’s capital and surplus rose to $1.4b last year.
ZhongAn posts $94m profit on investment gains in H1 2025
It also pencilled in gross written premiums (GWP) of $2.33b.
Ping An Insurance earnings dip 7% in H1 2025
But it’s life and health segment kept it afloat with NBV surging 39.8% YoY.
Hyundai Insurance targets premium growth with electric vehicle focus
But AM Best expects underwriting and overall operating losses to persist.
China proposes insurance coverage for post-retirement employees
Employers must provide suitable roles based on older workers’ skills.
AXA China Region partners with Hainan zone on medical insurance
The insurer also partnered with China Biotech Services Holdings.
Liberty China to post strong premium growth from 2026 to 2027
S&P expects the insurer to maintain a modest but sufficient capital position.
China covers 1.07 billion people with basic old-age insurance in 2024
China’s population aged 60 and above reached 310.3 million last year.
China boosts medical insurance spending on innovative drugs in plan
Spending on these newly negotiated drugs was 3.9 times higher in 2024 than in 2020.
Commentary
AI isn’t replacing insurance, it’s finally making it work