China
China proposes insurance coverage for post-retirement employees
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.
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.
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07
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She examines technological changes affecting actuarial work and emerging trends that are currently shaping the insurance industry.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness