The Chinese family's underlying approach to retirement is undergoing a fundamental shift from pursuing the single goal of "saving enough money" to building "retirement resilience" to withstand longevity and market risks, as market volatility intensifies as life expectancy grows longer.
More than four in five (82.1%) households in China rely on basic pension insurance as an important foundation for retirement preparation. Retirement savings and long-term, relatively stable wealth management products rank second, at 34%. By comparison, 25.9% of households have personal pension accounts while 24.0% have bought commercial pension insurance.
China Pacific Insurance (CPIC), a giant Chinese insurance group, has released its unaudited third-quarter financial results, which indicate that pressure on the asset side weighed on the company, leading to declines in both operating revenue and net profit.
The factors behind NEV insurance pricing have become more complex, extending beyond a vehicle's claims count.
China Taiping Insurance Group's (TPG) earnings are improving, although they are still principally sourced from investment income, leaving earnings sensitive to swings in investment returns and broader capital-market conditions., notes Fitch Ratings.
Paris-headquartered reinsurer SCOR has said that its Motor Extended Warranty (MEW) business has entered a new phase as the group leverages the expertise and ecosystem it has built in China to accompany Chinese automotive manufacturers seeking to expand into international markets.
Shipping insurance capacity in China can be enhanced by establishing a comprehensive, multi-layered, and customised shipping insurance and risk management system, according to Mr Li Xinghu, a Vice Minister of the Ministry of Transport.
Shanghai authorities have jointly started a pilot programme for domestic insurance institutions to invest their inward cross-border reinsurance funds abroad. The launch took place during the opening ceremony of the 2026 Shanghai International Reinsurance Conference on 28 October.
The net profit attributable to shareholders of the parent company of Ping An Insurance (Group) Company of China (Ping An) amounted to CNY96.65bn ($14.5bn) for the first nine months of the year, down by 27.3% compared to the CNY132.86bn reported for the corresponding period of 2025, according to the Group's interim financial statements.
Markel International has welcomed Ms Ray Lei as Greater China Product Proposition Lead.