China's auto insurance market is showing a markedly different trend from the broader property and casualty insurance sector. The data suggest that as some major insurers restructure their auto insurance businesses, smaller players are moving in to capture market share that larger companies are leaving behind.
Accident repairs of new energy vehicles (NEVs) face a structural challenge of high cost and low closure, according to the "JD Power 2026 China New Energy Vehicle Customer Service Index (NEV-CSI) Study".
China's rapidly expanding new energy vehicle (NEV) industry is moving beyond exporting assembled vehicles to establishing overseas industrial chains and service networks, creating new demands on insurance companies to provide risk management across the entire lifecycle of vehicles and related businesses.
The Australian Securities and Investments Commission (ASIC) is warning car insurers about rising premiums and poor transparency.
Vietnam's non-life insurance industry is calling for greater data connectivity and information sharing across the market as it seeks to strengthen risk management and improve underwriting and claims processes.
The 2026 profitability outlook of the insurance industry is subject to greater uncertainty than the 2025 results alone suggest, says the Insurance Authority in its "Saudi Insurance Market Report 2025" report.
QBE has announced these leadership changes, all effective 1 September 2026:
QBE has appointed Ms Melanie Willis as an Independent Non-Executive Director of the QBE Group Board, subject to regulatory approvals and effective 1 September 2026.
BYD Insurance, the insurance arm of Chinese electric vehicle giant BYD, is rapidly expanding its presence in China's auto insurance market.
Verisk's Catastrophe and Risk Solutions group has estimated insured losses of the 6.8 magnitude earthquake that struck near Kumamoto City in Japan on 28 July to be between JPY220bn ($1.4bn) and JPY340bn.