In recent days, a number of Chinese insurers have disclosed their latest policy-year dividend payout ratios for participating life insurance (Par) products. Overall, the payout ratios have shown a year-on-year upward trend, with an increasing number of products exceeding a 100% dividend realisation rate-a stark contrast to last year, when such cases were rare.
Hong Kong's insurance industry is set for a major shake-up as the Insurance Authority (IA) announced new commission rules for participating life policies, effective 1 January 2026. Under the new framework-dubbed by market participants as Hong Kong's version of "unified reporting and sales"-insurers can pay no more than 70% of total commission in the first policy year, with the remaining amount to be distributed evenly over at least the next five years.
China's Supreme People's Court recently issued a landmark judicial interpretation: any agreement between employers and employees to waive social security contributions is legally invalid after 1 September 2025. This "zero tolerance" stance sharply raises the compliance costs for employers who avoid contributions and signals a major regulatory tightening in social security enforcement.
China's asset management sector has reached a milestone, with total assets under management (AUM) surpassing CNY150tn($20.55tn) in 2024, according to the "2025 China Asset Management Development Trend Report." Despite a volatile global economic environment, the industry maintained double-digit growth across all major segments, including bank wealth management, trusts, mutual funds, and insurance asset management.
Swiss Re recently held a media roundtable on life and health insurance, with executives and experts discussing trends in the global market.
Shenzhen BYD Property & Casualty Insurance (BYD Insurance) has reported a dramatic turnaround in its 2025 Q2 solvency report. The insurer, which struggled with losses for two consecutive years, posted insurance business income of CNY1.4bn($191.8m) for the first half of 2025-already surpassing the CNY1.36bn recorded for the whole of 2024. In 2023, BYD Insurance's revenue was negative, posting a loss of CNY6,858.
These are the highlights for events and updates across the insurance industry this week.
These are the updates on insurance regulatory developments in China.
AXA Hong Kong and Macau (AXA) has launched its new "AXA Health Concierge" service, providing eligible customers with a comprehensive, one-stop health management solution across Hong Kong and mainland China.
A new draft regulation issued by five central government departments of China proposes to further tighten the protection of the working rights of people past retirement age returning to the job market.