At the InsureTech Connect Asia Roadshow in Hong Kong, industry leaders discussed the potential and challenges of further tapping into the Greater Bay Area's insurance market.
Data from China's regulator shows P&C premiums grew 6.73% YoY, led by 17.31% rise in Agri; Life & Health grows 10.25%, including 12.75% increase in Life segment.
Zheshang Insurance receives a 'BBB' rating from Fitch, highlighting its improved underwriting performance and strategic market expansion, despite investment and capital risks.