China will soon come out with a whitelist of medical products that can be purchased at retail pharmacies using personal healthcare insurance accounts. This move will regulate the use of employee basic medical insurance personal accounts in a reasonable, prudent, flexible and measured manner.
The Asset Management Department of the National Financial Regulatory Administration (NFRA) has put forward regulatory requirements for insurance asset management companies.
The National Financial Regulatory Administration (NFRA) has issued a notice, encouraging insurance companies to design property insurance products suitable for micro and small enterprises (MSEs).
The 1Q2026 solvency reports of 63 life insurance companies show that they raked in premiums of CNY462.35bn ($68.14bn) through the bancassurance channel, accounting for 47.78% of their total premiums of CNY967.79bn.
PICC Property & Casualty Insurance, the largest nonlife insurer in China, contributed CNY16.34bn ($2.4bn) or nearly 65% ??of the combined profits of over CNY25bn of 87 non-life insurers in the first quarter of this year.
The era of longevity presents vast development opportunities for the insurance industry, allowing insurance companies to leverage their strengths to deepen their participation in the pension system.
Insurance companies have been slowing down the issuance of bonds so far this year, as almost all of them managed to meet new solvency standards by 31 December 2025.
Most property insurance companies are experiencing difficulties in their work safety liability insurance or safety production liability insurance lines, with underwriting losses becoming the norm.
The 2026 first-quarter solvency reports of China's life insurers indicate that the sector has largely successfully navigated the full implementation of solvency requirements under the China Risk-Oriented Solvency System (C-ROSS) Phase II.
The P&C insurance market as a whole chalked up increased revenue but lower profits in the first quarter of this year, according to an analysis of their 1Q2026 solvency reports.