Risk-adjusted property catastrophe decreases in mainland China were common with some reinvestment of savings in additional top layers during the 1 January reinsurance renewals, said Gallagher Re.
The P&C Insurance Department of the National Financial Regulatory Administration (NFRA) has issued a document providing detailed answers to practical problems encountered during the implementation of the "Filiing-Execution Consistency" requirement for non-auto insurance.
The mainland China's P&C industry's report card for 2025 shows that the sector's growth was steady but trailed GDP expansion. Furthermore, P&C insurance penetration declined slightly.
Insurance companies have increased motor premiums in the peak auto insurance renewal season- the turn of the year-even for vehicle owners with a clean claims record. The premium hikes have been as high as 46%.
The short news for the week to 9 January are:
Several key variables affecting the life insurance industry offer an outline of what to expect of the sector in 2026 and beyond.
At least 20 insurance companies announced changes to their registered capital in 2025, about the same number as in 2024, according to an analysis of data from the Insurance Association of China.
The assumed interest rate in insurance products is likely to remain unchanged throughout 2026, insurance industry players indicate. In 2025, the rate fell to 2.0%.
Ping An Property & Casualty (P&C) has launched China's first insurance product for leased embodied robots.
Dajia Property & Casualty (P&C) Insurance has announced that it plans to increase its registered capital by CNY1.5bn ($215m). Following the increase, Dajia P&C's registered capital will reach CNY5.5bn.