Recently, five insurance asset management firms had released their interim results, with combined operating revenue of CNY7.79bn($1.09bn) in the first half of 2025, up 14.8% year on year, and total net profit of CNY3.89bn, up 30.7%.
Insurance capital, long regarded as "patient capital," has begun to show results in China's markets.
According to a disclosure by the Hong Kong Stock Exchange on September 16, Nova Technology, China's largest independent AI technology company serving the insurance sector, has submitted an application for a Main Board listing.
Ant Insurance unveiled an AI insurance adviser, "Yixiaobao,"(???) at the 2025 Inclusion·Conference on the Bund on September 12. The service, built on large-model technology, is free for users and designed to provide policy explanations, product comparisons, customised plan suggestions and claims assistance across the insurance lifecycle.
PICC Property & Casualty has released its "China Earthquake Casualty Catastrophe Model" at the 2025 China International Fair for Trade in Services, part of efforts to strengthen the country's disaster-risk protection framework.
Several central state-owned insurance companies have begun implementing pay reductions for senior executives, local news reports said, as part of broader remuneration reforms across China's state-owned enterprises (SOEs).
These are the updates on insurance regulatory developments in China.
These are the highlights for events and updates across the insurance industry this week.
To mark its 5th anniversary, PAObank has announced a strategic partnership with China Ping An Insurance (Hong Kong) Company Limited (CPAIHK).
China has enacted a new law to regulate the response to public health emergencies and enhance the country's capacity to address such situations according to news agency Xinhua.