Finance alone is not the answer to closing to China's Nat CAT-related economic losses, according to Mr Beat Strebel, Swiss Re's chief executive of Reinsurance China and country president for China.
Twenty provinces in China have issued documents to promote provincial-level pooling of funds of the government-run of basic medical insurance scheme.
The Shandong Bureau of the National Financial Regulatory Administration (NFRA) has approved Fuze Life Insurance to take over the insurance business of the troubled JK Life Insurance Corp, according to a regulatory filing published on 16 December.
Online insurer TK.cn has been active in the pre-existing health insurance market, jostling with several other insurers that see insuring people with pre-existing conditions as a central battleground. New approaches to product design, supplementary services and operating models are appearing at pace.
The National Financial Regulatory Administration (NFRA) has officially released an industry standard for the systems interface between banks and insurers engaged in bancassurance.
Recent high-profile cases and a 2024 Supreme Court ruling in China have reshaped Continue Enforcement Liability (CEL) Insurance as guarantee insurance, rather than liability insurance, according to Ms Lindy Liu, Claims Specialist, Market Units P&C Reinsurance, at Swiss Re.
Zheshang Property and Casualty Insurance Company (Zheshang Insurance) is expected to sustain its focus on profitability, reinforced by regulatory tightening on commissions, to support underwriting performance over time, according to Fitch Ratings.
China Pacific Insurance (CPIC) recently completed the payout of the nation's first insurance claim covering seed production for a newly developed crop variety.
The Chinese government will expand its national healthcare insurance programme in 2026 to fully cover all childbirth related expenses.
China has published its first state-backed catalogue of costly innovative drugs to be covered by private health insurers.