In 2024, premiums from new energy vehicle (NEV) commercial insurance reached approximately CNY117.7bn ($17.66bn), marking a 52.93% year-on-year increase. This milestone represents the first time NEV ...

As insurance companies release their 2024 annual claims reports, a clearer picture of the industry's claims landscape is emerging.

China Pacific Insurance (CPIC) announced that its net profit attributable to shareholders for 2024 is projected to range between CNY42.2bn ($6.33bn) and CNY46.3bn. This represents an increase of ...

On January 17, the National Financial Regulatory Administration (NFRA) announced the Insurance Company Supervision Rating Guidelines (referred to as 'the guidelines'), which outline the procedures for ...

Recently, an investor inquired whether PICC engages in overseas projects and which industries its insurance products cover. In response, PICC's board secretary Zeng Shangyou explained that the company ...