MSIG Asia has appointed Mr Ronak Shah as Regional CEO, effective 1 October 2026. In addition to leading the insurer's operations across Southeast Asia, Hong Kong, India and Oceania, Mr Shah will assume regional leadership responsibility for Mainland China, Taiwan and Korea.
New China Life Insurance (NCI) has estimated that the unaudited net profit attributable to shareholders of the company for the first half of 2026 is about CNY20,719m ($3,056m) to CNY23,678m, representing an increase of 40% to 60% as compared to the first six months of 2025.
China's National Medical Products Administration (NMPA) and National Healthcare Security Administration have launched joint inspections of medical institutions and pharmaceutical wholesalers in the Inner Mongolia Autonomous Region and Shanxi Province following the identification of suspicious activity through drug traceability code screening.
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).