China's non-life premium growth is expected to slow to 2.9% in 2026 (3.7% in 2025), well below its historical trend of 7.9%, according to Swiss Re Institute's (SRI) latest sigma report, "World insurance in 2026: Shock absorbers in a fragmenting world", released on 8 July 2026.
Beijing-based Generali China Insurance Co's (GCI) capital is expected to remain sufficient to support its planned premium growth and to cushion underwriting volatility, says Fitch Ratings.
China is poised to become the world's engine for life insurance expansion over the next decade, forecast to generate an estimated $475bn in additional premiums, according to the Swiss Re Institute (SRI).
Cities across China have started enrolling subscribers for the 2026 edition of huiminbao since the fourth quarter of 2025. Although the cumulative number of participants in huiminbao has exceeded 200m nationwide, the subscription rate has been declining in several cities, and insurers that offer the plans are facing the challenge of retaining participants.
The global insurance sector has remained financially stable at the end of 2025 despite increasing geopolitical tensions, inflationary pressures and elevated sovereign debt levels, according to the International Association of Insurance Supervisors' (IAIS) mid-year Global Insurance Market Report 2026.
Fitch Ratings has said that it expects The Company for Cooperative Insurance (Tawuniya) to maintain its very strong financial performance over the medium term, underpinned by underwriting discipline and its scale. The international credit rating agency also expects improved market pricing to start feeding into earnings in 2026.
The insurance group Orient has a track record of very strong operating profitability and reported a return-on-equity ratio of 14.7%, and a net-net non-life combined ratio of 82.1% (both as calculated by AM Best) for 2025, says the global credit rating agency.
Asian insurers and the global insurance industry continue to suffer disruptive supply shocks and barriers to the free flow of goods arising from the Middle East conflict.
Bowtie, Hong Kong's first virtual insurer, has crossed the $100m mark in annual recurring revenue (ARR).
Moody's Ratings (Moody's) has assigned a B1 insurance financial strength rating (IFSR) to Al-Daman Takaful Insurance Company (Al-Daman Takaful). The outlook is 'Stable'.