At the tenth meeting of the third employee representative assembly, New China Life Insurance announced Mr Liu Zhanpeng was elected as an employee director of the ninth board of directors, subject to regulatory approval.
Chubb Life Hong Kong has launched the Chubb Care Critical Illness Series, a flagship suite of health solutions featuring market-first flexible payout options and unified cross-border premiums, designed to give customers greater flexibility and financial control at every stage of their health journey.
China's auto insurance market is showing a markedly different trend from the broader property and casualty insurance sector. The data suggest that as some major insurers restructure their auto insurance businesses, smaller players are moving in to capture market share that larger companies are leaving behind.
China's insurance industry is stepping up efforts to support emerging technologies, with a group of 10 insurers establishing a nationwide co-insurance pool dedicated to the country's quantum technology sector.
The top 15 unlisted life insurers in mainland China captured more than 80% of the total profits of 58 such insurers in the first half of this year, highlighting the intense concentration in the sector.
Insurance companies are taking on a more active role in corporate governance as regulatory scrutiny of listed companies and the personal liability of directors and senior executives intensifies in China.
Accident repairs of new energy vehicles (NEVs) face a structural challenge of high cost and low closure, according to the "JD Power 2026 China New Energy Vehicle Customer Service Index (NEV-CSI) Study".
China's rapidly expanding new energy vehicle (NEV) industry is moving beyond exporting assembled vehicles to establishing overseas industrial chains and service networks, creating new demands on insurance companies to provide risk management across the entire lifecycle of vehicles and related businesses.
BNP Paribas Airstar Property & Casualty Insurance Co is ramping up operations in China's competitive insurance market, according to its 2Q2026 solvency report.
China Pacific Life Insurance Co has officially submitted an application to regulatory authorities to enter the mutual fund distribution market, reflecting a broader trend of major insurers seeking new growth drivers through diversified financial services.