China's insurance industry's premium income in Q1 of 2026 was CNY2.3tn ($336.84bn) in the first three months of 2026, rising 6.2% y-o-y, according to the Insurance Association of China (IAC).
During the period, property insurers saw premium income rise 2.9% y-o-y, while life insurers' premium income increased 7.3%, the IAC said.
IAC data also showed that foreign-funded insurers recorded premium income of about CNY212.6bn during the period, up 12.5% y-o-y.
IAC Deputy Secretary-General Fang Yong said that the insurance industry has played an important role in supporting sci-tech innovation, green transition, people's well-being and high-standard opening up.
Moving forward, the industry is expected to maintain steady growth in 2026, with the pace of growth generally in line with China's overall economic and social development.