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Jan 2024

China


Harder to push rate hikes in China

China is seeing a recalibration of its insurance markets in the face of slowing growth, deflation and multiple macroeconomic factors.

 

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Chinese insurance experts discuss future trends

The 15th China Rendezvous marked its return after a three-year hiatus when it was held in Beijing on 1 December. This year’s theme, ‘Embracing the New Era of Excellence – The Future Map for Insurance’ highlights the potential of China’s insurance industry.

 

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An unprofitable year of personal pensions in China

Even as the Chinese regulators mull over how to increase the public’s insurance participation and make them save in their personal pension accounts, the pilot phase of the personal pension system has completed one year.
 

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Millions opt out of China's state health insurance system

The state health insurance system has grown less popular amongst Chinese citizens over the past year, with government bodies stating that rapid urbanisation and a shrinking population are the main causes.

 

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