China Insurance Industry

China's insurance sector has maintained steady operation and adequate solvency in the third quarter, according to the National Financial Regulatory Administration.

It also plans to establish a regulatory framework for its supervision.

Claim and benefit payments amounted to $172.20b.

Automobile insurance felt ‘contraints’ in capacity. 

Analysts see new regulations driving a conservative shift as insurers seek stability amidst volatile markets.

However, both companies' exposure to the involved brokers is limited.

Payment reforms are urged for a stable healthcare fund.

The program aims to lessen the burden of medical expenses for its beneficiaries.

744 drugs have been added to the insurance catalogue.

Growth was heavily impacted by underperformance of several countries.

Life players spirals whilst P&C insurers gain ground.