Markel International has welcomed Ms Ray Lei as Greater China Product Proposition Lead.
Direct losses from natural catastrophic events in China in the first nine months of 2026 touched CNY199.4bn ($29.9bn), according to China's Ministry of Emergency Management. The losses were down by 8% from CNY217.65bn in the same period in 2025.
China's basic medical insurance fund (including maternity insurance) spent CNY1.75tn ($259.5bn) in the first nine months of 2026, according to data released by National Healthcare Security Administration (NHSA).
The Insurance Association of China (IAC) has released rules to establish a framework for collecting, maintaining and evaluating information on insurance sales personnel, including details related to their professional integrity.
China's local-level supplementary medical insurance schemes, called "huiminbao" are refining pricing, benefits and risk management as they seek to balance affordable healthcare protection with long-term financial sustainability amid rising claims costs.
China's new energy vehicle (NEV) insurance market continues to expand rapidly, but insurers are struggling to translate premium growth into underwriting profits as high repair costs, inadequate pricing models and limited access to vehicle data weigh on the business.
China's insurance industry has outlined three major priorities for high-quality development during the 15th Five-Year Plan period (2026-2030) to support economic and social development, deepen reform and opening-up, and strengthen risk prevention, according to a research report released at the Annual Conference of Financial Street Forum 2026 in Beijing.
The number of China's A-share listed companies planning to purchase directors and officers (D&O) liability insurance rose by 28% year on year in the first nine months of 2026, as growing executive liability risks, lower premiums and stronger corporate governance requirements fuel demand.
Chinese insurance titan China Life Insurance has announced that it plans to sell a 33.73% stake in its pension subsidiary to its controlling shareholder, China Life Insurance (Group) Company (CLIC), for CNY4.15bn ($621.4m).
Hong Kong-based Taiping Reinsurance Company (TPRe) delivered improved operating earnings in 2025, with a return-on-equity ratio of 10.1%, notes AM Best.