China insurance – (Re)in Asia

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A dense city skyline stretches beneath a pink and blue sunset, with high-rise towers in the foreground.

Computer monitor displaying a large red button and casting a long shadow.

A rocket launches from a sea platform, surrounded by towering clouds of smoke and flames.

Nighttime city skyline with illuminated skyscrapers, a red cable-stayed bridge and reflections on the river.

Beijing skyline with the CCTV headquarters and dense residential buildings in the foreground.

Portrait of an unnamed APAC chief wearing glasses, set against a city skyline and illuminated bridge.

Asia's space growth outpaces local capacity as insurers rebuild after heavy losses

BRICS backs reinsurance capacity talks, India offers GIFT City for risk lab

City skyline with skyscrapers and a bridge over a highway.

Markel puts APAC at the heart of growth plans

Empty train station platform with boxes and 'In Force' sign, early exit door, and clock.

Aerial view of a modern city with a twin-towered building by the water and a circular stadium in the foreground, under a clear blue sky.

Bustling pedestrian street in a historic Chinese town, with red lanterns hanging between wooden shops.

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Shenergy PC China Coal underwrote key liability policies for Chinas deadliest mining accident since 2009

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Thailand leads Asia commercial rate declines in Q3 as property softening deepens

Taiwan, South Korea and Malaysia followed with declines of 15%, 13% and 10%, while Japan and Vietnam were the only markets to record increases, according to Marsh.

Japan cyber claim notifications surge ‘fivefold’ as attacks mount

A cyber state of emergency and the PHP flaws behind “Black October” have left Japan’s insurers bracing for losses.

Hong Kong's ambitions in China's NewSpace market face capacity, expertise headwinds

With international markets still central to space risk placements, the city needs to bridge the gap by building specialist capabilities.

China insurance premiums dip in Q2 as life decline outweighs non-life growth

The quarterly fall follows three years of double-digit second-quarter growth.

China issues new product development rules for P&C insurers

From 1 November, the revised rules require insurers to set up product committees led by their principal executive, conduct regular product reviews and strengthen accountability for product failures.

Generali puts China and India at the centre of its next APAC growth push

APAC chief Rob Leonardi looks to turn a 27.8% jump in premiums into a bigger earnings base.

Asia's space growth outpaces local capacity as insurers rebuild after heavy losses

Asia's commercial space sector is expanding faster than local insurance capacity, leaving operators reliant on overseas reinsurers as orbital congestion emerges as a new underwriting risk.

BRICS backs reinsurance capacity talks, India offers GIFT City for risk lab

The proposed resilience centre would build shared risk models, though the declaration commits no capital.

China proposes direct supervision of insurers' shareholders, 1bn yuan capital floor for new entrants

First overhaul of the Insurance Law in more than a decade would also broaden insurers' permitted investments and lift fines to as much as 10 times illegal gains.

Markel puts APAC at the heart of growth plans

Markel APAC head Sucheng Chang aims to nearly double the regional book within five years, with recent expansion setting the pace and new opportunities in view.

Asia's life insurers rethink products as surrender trends test customer retention

Policy surrenders have surpassed maturity payouts in India, while Korea has seen cancellations rise 62.7% in early 2026.

Health drives China non-life gains, but life fall tips May premiums into decline

Total industry premium income fell 1.5% to CN¥457.83bn (US$67.6bn), the first annual decline of the year.

China publishes new measures to accelerate build-out of Shanghai reinsurance centre

The eight-point plan seeks to lift trading volumes, strengthen reinsurers' capital, and bring more international capacity into China's market.

China claims pressure eases further in April as premium growth moderates

Life claims declined sharply by more than 12%, while non-life payouts stabilised, highlighting diverging underwriting conditions across segments.

Participating policies gain favour among Chinese P&C insurers as low-yield pressures mount

Insurers across China, Taiwan and South Korea are bolstering capital buffers and refining investment strategies as low rates and volatility strain traditional earnings models.

China issues new regulatory framework for insurance asset management

NFRA has set out requirements across four key pillars, while stressing firms must pursue high-quality development and compete in an orderly way to prevent market chaos.

Shenergy P&C, China Coal hold key liability covers for China’s deadliest coal mine accident since 2009

Shenergy P&C, which underwrote the mine's work safety liability, has prepared an advance claims fund, while more than 50 insurers have activated fast-track processes to cover the policies of affected...

Heavy rains in central, southern China trigger 33,000 insurance claims, US$110m in estimated losses

China's insurers have paid or advanced 210m yuan (US$29m) to policyholders as the NFRA orders fast-track claims handling following floods and landslides across six regions.

China’s space insurance consortium writes US$1.5bn in cover in first year

Since its launch in March 2025, the Beijing commercial space co-insurance consortium has also reduced its average inquiry and underwriting time by 20%.

China insurance premiums edge up 1.4% in March as life claims ease, unit-linked activity weakens

Claims pressures softened, particularly in life, while investment-linked inflows fell 33.5% YoY and non-life exposures continued to expand.