More than 1,300 insurance asset management (AM) products in China have recorded net asset value gains so far this year, with some rising over 30%, according to data from Wind Information. As of July 11, out of 1,410 products with July NAV disclosures, 1,338-or 94.9%-posted year-to-date gains. Equity products outperformed, with the top performer up 30.22%. Mixed-asset products also outpaced fixed income strategies, though a few bond-heavy products saw standout but volatile returns.
China's Ministry of Human Resources and Social Security (MOHRSS) announced that the country's basic pension fund had reached CNY2.55tn ($351.72bn) in investment scale by the end of June 2025. The ministry pledged to continue expanding delegated investment of pension assets as part of its broader push to shore up retirement security.
On July 21, the Shanghai Financial Regulatory Bureau approved HSBC Life Insurance's capital increase of CNY362m ($50m), raising its registered capital from CNY2.314bn to CNY2.676bn ($369m). This marks the third capital injection by its sole shareholder, HSBC Insurance (Asia), reflecting a broader trend of foreign insurers deepening their presence in China's domestic market.
These are the highlights for events and updates across the insurance industry this week.
These are the updates on insurance regulatory developments in China.
The life insurance advice needs of young (people under 35) in Australia are not being met according to a new research by the Council of Australian Life Insurers (CALI). The new research has revealed that one in two younger Australians wants financial advice.
Over 90% of people with disabilities in China are covered by basic old-age insurance for both urban and rural residents according to official data. The participation rate of persons with disabilities in China's basic medical insurance has also remained above 95%.
The Securities and Exchange Commission of Pakistan (SECP) has approved the country's first-ever digital-only non-life insurance license to InsurTech Digi Insurance. This is being described as a significant milestone in the evolution of Pakistan's insurance sector.
Kuwait-based Al Ahleia Insurance Company (Al Ahleia) has a track record of strong operating performance, posting improving pre-tax profits over the past five years, says AM Best. The insurer's pre-tax profits reached KWD25.9m ($84.1m) in 2024, equivalent to a return on equity of 15.4%.
The Ministry of Finance has granted approval to Vietnam Technological and Commercial Joint Stock Bank (Techcombank), a publicly listed bank, to establish a life insurer.