China's non-life premium growth is expected to slow to 2.9% in 2026 (3.7% in 2025), well below its historical trend of 7.9%, according to Swiss Re Institute's (SRI) latest sigma report, "World insurance in 2026: Shock absorbers in a fragmenting world", released on 8 July 2026.
Against the backdrop of increasingly frequent extreme weather events and rising disaster risks, many experts are calling for legislation for catastrophe insurance.
Automakers and intelligent driving solution providers have introduced intelligent driving protection benefits to provide risk protection to alleviate car owners' concerns as intelligent assisted driving features become more widespread in China.
The intelligent driving protection services offered by automakers or smart driving solution providers are an extension of product warranties and after-sales service by these businesses, with the primary goal of reducing consumer concerns about intelligent driving safety. They represent manufacturers voluntarily expanding their own liability for product defects.
Beijing-based Generali China Insurance Co's (GCI) capital is expected to remain sufficient to support its planned premium growth and to cushion underwriting volatility, says Fitch Ratings.
Regular-premium life insurance business through the bancassurance channel slowed month by month during the first half of this year, but still maintained a double-digit growth rate year on year.
China is poised to become the world's engine for life insurance expansion over the next decade, forecast to generate an estimated $475bn in additional premiums, according to the Swiss Re Institute (SRI).
Cities across China have started enrolling subscribers for the 2026 edition of huiminbao since the fourth quarter of 2025. Although the cumulative number of participants in huiminbao has exceeded 200m nationwide, the subscription rate has been declining in several cities, and insurers that offer the plans are facing the challenge of retaining participants.
Even as Super Typhoon Bavi continues its course to China's eastern coast, the country continues to grapple with a series of concurrent emergencies in the wake of other weather events.
Hong Kong's Insurance Authority (IA) has granted new authorisations to HSH Captive Limited, set up by The Hongkong and Shanghai Hotels, and SF Captive Limited, set up by S.F. Holding.