Pricing new mobility risks requires rating factors built for the technology, not retrofitted from old variables, industry experts said at the Asian Actuarial Conference 2026.
The Chinese EV maker will cover repair costs and compensation for accidents under its God's Eye assisted-driving system, and has pledged that claims will not raise policyholders' premiums.
Growth is also being supported by digital distribution, product innovation and underwriting discipline, despite pressure from rising vehicle prices, weaker purchasing power and weather-related losses.
Premiums will be shared with participating manufacturers and importers, with cover applied automatically to eligible EVs and claims handled on a “pay first, settle later” basis.
EV adoption, premium rate increases, and technology-enabled underwriting are expected to support expansion in the segment through the second half of the decade.
