The AI-driven automation reduces quote-to-bind timelines to under 10 minutes and has debuted with QBE’s British Marine Yacht Protection & Indemnity (P&I) product.
The individual agent channel, which remains the primary driver of value creation, accounted for 85.9% of total VNB in 2025, contributing 39.3bn yuan, up 25.5% year on year.
Group life insurance and reinsurance segments posted strong growth, offsetting flat insurance revenue and losses in Hong Kong property and casualty operations.
