New research-based evidence has emerged that shows that China's urban-rural health insurance integration has had a positive impact on the mental well-being of rural seniors in the country.
Prescribed interest rates for life insurance policies are expected to be lowered in the third quarter of this year, as bank interest rates continued to fall. The prescribed interest rate for standard life insurance plans may be reduced from the current 2.5% to 2.0%, while interest rate adjustments for participating insurance may vary.
The insurance industry has formed a co-insurance group covering domestic trade credit risk, to serve the national strategy of promoting consumption and expanding domestic demand.
As China faces an accelerating ageing population, retirement planning is becoming increasingly urgent-yet household preparedness remains insufficient. This has prompted proposals for micro pension insurance plans to be designed to cover the retirement funding gap.
Employees covered in a recent poll in mainland China and Hong Kong are worried about their health and security.
Screening can strongly drive cancer CI claims, according to an analysis by Swiss Re that combines consumer survey data with medical evidence to assess screening's impact on cancer trends in China.
Online insurer Tk.cn Insurance is expected to produce stable yields from investments to consistently underpin the company's overall profitability, offsetting the volatility from underwriting activity, says Fitch Ratings.
BYD Insurance Brokerage has officially ceased operations, with its business registration status recently changed from "Active" to "Deregistered," according to public filings.
As China's population ages and medical costs continue to rise, pressure on social health insurance funds is intensifying. At the same time, demand for high-cost, cutting-edge treatments-such as cell and gene therapies-is growing rapidly.
These are the highlights for events and updates across the insurance industry this week.