The plan to reduce approximately US$1bn in North America-focused software private equity stakes comes amid a broader pullback from the asset class by private credit funds and insurers.
Moody's stable outlook for China's P&C insurance sector reflects an industry where underwriting discipline is gaining ground, amid growing asset risk and accelerating market concentration.
Robotaxis are giving commercial shape to APAC’s broader AV market, but insurers remain constrained by limited data, fragmented regulation, and unresolved liability questions.
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.
