Ping An Insurance (Group) Company of China has unveiled a range of innovative AI products and services at the World Artificial Intelligence Conference 2026.
Aon has appointed Mr Joe Liang as executive chairman of Greater China for Reinsurance. Under Mr Liang's leadership, the team will continue helping clients identify opportunities, address emerging risks and strengthen business performance.
Markel Insurance, the insurance operations within Markel Group, has appointed Mr Vincent Wang as Risk Engineer, Marine for Markel Underwriting Division at Lloyd's China.
China is now using autonomous aerial fleets to AI to transform its disaster response system. Technology is being put to extensive use to provide high-tech solutions for emergency management.
Two of China's leading life insurers are forecasting sharp profit growth for the first half of 2026, attributing part of their strong performance to investments in strategic technology sectors.
China's financial regulator has proposed new cybersecurity rules for insurers and banks that would strengthen executive accountability, tighten risk monitoring requirements and impose stricter penalties for failures in cyber incident management.
Chinese insurance giant China Life Insurance has announced that it plans to invest CNY4.999bn ($737m) to establish a partnership before the end of this year, which will focus on investing in companies in the semiconductor industry.
China's life insurance industry is entering a new phase of development shaped by three interconnected structural constraints-interest rates, supply and demand, and capital, according to AVIVA-COFCO Life Insurance's General Manager, Mr Cui Wei.
Taiping Life Insurance is strategically reshaping its product mix by significantly scaling back its offering of increasing whole life insurance products in favour of expanding its annuity portfolio. According to Mr Yu Xiaodong, CEO of Taiping Reinsurance and Chairman of Taiping Reinsurance (China), this shift aligns with recent regulatory guidance and directly addresses China's rapidly aging demographic.
Many insurers have heavily marketed increasing whole life insurance products, which are essentially savings-oriented policies, according to Mr Yu Xiaodong, CEO of Taiping Reinsurance and Chairman of Taiping Reinsurance (China). However, because these plans allow policyholders to surrender their policies early, they create highly volatile and unpredictable cash flows for insurance companies.