The Chinese life insurance sector is anticipated to experience moderate premium growth in 2025, following a robust 15.7% year-on-year increase in premium income during the third quarter of 2024. This surge was attributed to high sales levels before insurers implemented pricing and interest rate cuts. According to Fitch Ratings, the growth is expected to stabilize at mid-single digits moving into the next year. This outlook reflects the ongoing challenges faced by the industry amid changing market dynamics.
