2025 is hailed as a sterling year for China's life insurance industry, because for the first time, the combined net profits of the industry surpassed the CNY480bn ($70bn) mark.
The continued dominance of the top six companies was particularly evident in the 2025 financial results, where they reached record-breaking profit levels.
China's non-life insurance sector saw its total net profits exceed CNY80bn for the first time in 2025.
China's first freight compensation insurance product covering freight rate fluctuation risks has been introduced in the railway sector.
China Agricultural Reinsurance Co (China Agri-Re) has announced a proposed significant change to its shareholder structure, in a move to streamline agricultural insurance operations within one of China's largest farming conglomerates.
ESR, an Asia-Pacific-focused real asset owner and manager, has entered into an agreement with two leading mainland Chinese insurance groups to establish a dedicated CNY income fund with a total investment capacity of CNY1.6bn ($234.4m), a move which advances the company's capital recycling strategy and long-term growth positioning in China.
A sea change is underway in the investment strategies of Chinese insurance companies.
The Beijing branch of China Pacific Property Insurance, a subsidiary of listed China Pacific Insurance (Group), has officially delivered its first comprehensive liability insurance policy for low-altitude unmanned aerial vehicles of logistics enterprises, the first such product in the country.
The petroleum supply shock from the Iran-US War looks likely to cost global GDP growth about 0.5% - 0.6% with potential losses rising the longer the Strait of Hormuz remains effectively closed, said Eastspring Investments in its quarterly outlook report.
The operating performance of China's "Big Three" property insurance companies in 2025 was mixed in non-motor businesses. The divergence in their growth rates reflects the different strategic choices they made.