China Life Insurance Company, the nation's biggest insurer, has focused on quality growth with an improvement in new business value (NBV), notes Fitch Ratings.
On September 22, Ping An Health Insurance Co, together with PKU Healthcare Group, Beijing's Kang Yuxuan Care Center, and Ping An Life's Beijing branch, hosted a public welfare campaign on Alzheimer's disease under the theme "Early Prevention, Early Treatment, Safeguarding Cognition."
Following the latest adjustment to the pricing interest rate for life insurance, insurers have stepped up the withdrawal of products exceeding the cap and the launch of new offerings. According to data from the Insurance Association of China (IAC), as of September 22, a total of 993 life insurance products had been introduced in 2025, including 415 since August 1. Over the same period, 652 annuity insurance products were launched, of which 257 came after August 1.
National Financial Regulatory Administration director Li Yunze told local media that since 2024 life insurers have reduced costs by CNY350bn($48.9bn), while the comprehensive expense ratio of property insurers has fallen to its lowest level in nearly a decade and expense ratios have hit a 20-year low.
The latest White Paper on China's Insurance Intermediary Market was released in Shenzhen by the Risk Management and Insurance Research Center at Peking University HSBC Business School and the Insurance Information Research and Development Center of Insurance Marketing Group.
These are the highlights for events and updates across the insurance industry this week.
Australia has released the draft legislation for the ban on genetic testing for underwriting life insurance policies.
Beginning January 2026 all newly launched insurance products in Hong Kong with savings features will include the term 'insurance' in their names, both in English and Chinese.
Less than 10% of micro, small and medium enterprises (MSMEs) in India currently provide group health insurance coverage to their workers according to a new data analysis.
Singapore based InsurTech Igloo and Indonesian telecom giant Telkomsel will together introduce a series of innovative insurance services across Indonesia.