China
China maintains 95% medical insurance coverage from 2021-2025
China maintains 95% medical insurance coverage from 2021-2025
In 2024 alone, the number of reimbursed visits was 1.6 times higher than in 2020.
China expands insurer assessment cycles to promote stability
The previous system only focused on the current year and a three-year cycle.
China’s horse insurance growth to register 13.5% CAGR through 2035
India follows at 12.5%.
China P&I posts steady profits with strong reinsurance support: AM Best
It is also seen to sustain stable earnings.
China EV brands log stronger insurance counts in late July
Nio recorded 3,250 insurance registrations.
Ping An names Ray Wang CTO to boost AI and digital strategy
His appointment is expected to advance the company’s self-developed large language models.
Global insurance telematics market to grow 18.9% yearly through 2034
China is emerging as a key growth driver in Asia-Pacific.
China shifts insurance metrics to promote long-term strategy
One key adjustment involves how return on equity (ROE) is assessed.
AXA partners with China Biotech on targeted cancer therapy
The technology is a form of targeted radiotherapy that uses a boron-containing drug.
Markel Insurance names Chelsea Jiang to lead Greater China
She will be based in Hong Kong.
Agricultural insurance boosts China’s farm output by 8.99%
The impact is especially strong in China’s eastern provinces.
Zurich China pays $19.78m in US remote control lawsuit
A six-year-old boy in the US suffered stomach injuries after swallowing a remote battery.
CNPC Captive Insurance to upstream 40% of income to parent group
Fitch Ratings said the insurer is forecast to deepen its coverage of insurable risks.
How much will China’s insurance market grow by 2032?
Its market value could reach $1.4t in seven years.
China proposes law to enhance universal health insurance system
It includes a chapter outlining the structure of the national medical security system.
Chinese insurers eye $126b reallocation after rule changes
The government raised equity investment limits to 30% to 50%.
Ping An Life and P&C seen maintaining stable capital, profits
A planned $2.79b capital injection from Ping An will further support its capital base.
Thought Leadership Centre
In Association with
Most Read
1. India insurance market sees moderating premium growth: Report 2. Singapore’s non-life insurers see growth as offshore business expands 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Remote job demand in Singapore insurance rises 15.3%Resource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
Showcase your achievements and gain recognition for shaping the future of insurance.
Commentary
AI isn’t replacing insurance, it’s finally making it work