Fitch affirmed the Chinese insurer’s ratings, highlighting how the company’s strategic shift away from motor and property lines has reshaped its risk profile.
Robust motor, accident, and health premiums lifted China’s non-life sector in Q1 2025, while life insurers faced slower growth and rising exposure to market volatility, says Fitch.
Fitch pointed to slower growth and earnings swings as key risks for China and Taiwan’s life insurers, but sees stability for most of the region's life and non-life industry.
Insurance Authority targets family offices and private bankers as it ramps up efforts to close Asia’s protection gap and deepen the city’s capital market role.
