With the release of second-quarter solvency reports by listed insurers and their subsidiaries, the half-year results of life insurers have come to light.
Recently, the three major P&C insurers-PICC P&C, Ping An P&C and CPIC P&C-released their interim results. Data show that in the first half of 2025, the combined ratios of all three declined.
The mainland Chinese health insurance market is projected to exhibit a compound annual growth rate of 7.4% from 2024 to 2032, according to Aon, a leading global professional services firm.
Ping An Health Insurance Company of China has maintained higher-than-industry top-line growth since its business transformation in 2016-2017, AM Best notes, as it upgrades the insurer's ratings.
A new judicial interpretation confirming that agreements to waive social security payments are invalid will take effect on September 1, drawing wide public attention in recent weeks.
These are the highlights for events and updates across the insurance industry this week.
These are the updates on insurance regulatory developments in China.
From September 1, the pricing interest rate for life insurance has been lowered again as scheduled. In recent weeks, insurance agents have seen longer working hours and more client meetings, accompanied by frequent reports of surging product sales.
On August 26, Ping An Insurance (Group) Company of China, Ltd announced its interim results for the period ended June 30, 2025.
Shenzhen's insurance industry recorded solid expansion in the first half of 2025, with premium growth outpacing other first-tier cities.