Unlisted life insurers in China reported solid results for the first three quarters of 2025, with both premium income and net profit rising on the back of improving investment returns and lower liability costs.
The 2025 Hong Kong FinTech Week was held recently at the Hong Kong Convention and Exhibition Centre, marking the event's 10th anniversary and its largest edition to date.
The National Financial Regulatory Administration (NFRA) has issued guidance for the actuarial association to compile the China Life Insurance Mortality Table (2025) - the fourth edition of the national mortality table - which will take effect on 1 January 2026.
Shenzhen has launched the city's first fast-track settlement channels for commercial insurance claims - "Direct Payment" and "Quick Claims" - through the integration of public data and multi-party collaboration.
The Insurance Association of China has released the latest reference rate for life insurance product pricing, setting the benchmark valuation rate at 1.90% for the current quarter - down 9 basis points from the previous 1.99%.
ZhongAn Insurance has completed its first overseas NEV insurance transaction, marking a strategic breakthrough for the company's international business. The milestone comes as China's NEV exports continue to surge and the industry's globalisation enters a deeper phase.
These are the highlights for events and updates across the insurance industry this week.
These are the updates on insurance regulatory developments in China.
China's upcoming 15th Five-Year Plan has outlined a comprehensive blueprint to strengthen the country's social welfare and population support systems while reinforcing agricultural incentives to ensure food security and rural revitalisation. Released on 28 October, the proposals underscore Beijing's focus on building a more inclusive, resilient and sustainable social safety net that supports an ageing population and secures farmers' incomes through policy coordination and insurance mechanisms.
China's NEV insurance market has continued its strong growth momentum this year, with commercial NEV insurance premiums surpassing CNY108.79bn ($15.2bn) in the first three quarters of 2025, according to local media reports.