Tax incentives in the second and third pillars of China's pension system are a hot discussion topic in the pension sector.
The National Financial Regulatory Administration (NFRA) yesterday issued a circular titled "Guiding Opinions on Further Improving the Level of Financial Services for the Elderly", to make financial services more elderly-friendly, develop the silver economy, enhance the welfare of seniors and improve the level of financial services for the elderly.
The insurance sector and e-commerce merchants are fighting back against scammers who exploit freight-loss or shipping return insurance for improper gains.
In the half year since the removal of a restriction that limited to three the number of insurers allowed to co-operate with a commercial bank branch, the structure of the bancassurance market segment has changed.
China's Deposit Insurance Fund Management Corporation (DIFMC) has stepped in to acquire a stake of around 4.6% in Happy Life Insurance from a shareholder of the insurer.
Investment advisors should be introduced in the individual pension system, according to several participants at a recent national pension development forum.
New-energy vehicle (NEV) insurance premiums reached CNY90.7bn in the first 10 months of this year, jumping by 52.7% compared to the corresponding period in 2023.
ZhongAn Online P&C Insurance's operating performance, going forward, would remain subject to investment volatility as well as business risk in the turnaround strategies of its banking and technology segments, in the view of AM Best.
AIA China has received approval from the National Financial Regulatory Administration (NFRA) Chongqing Bureau to begin preparations to establish a new branch in the Chongqing Municipality, a strategic and major market equivalent to a province, AIA Group says in a statement.
Government policy initiatives could generate additional insurance demand in China, according to leading global reinsurance broker Gallagher Re.