LuoLi Technology launches a senior finance special section, with the first issue focusing on the implementation progress of the personal pension system, product supply, and policyholder behavior, while continuously tracking the development of the third pillar.
For the third consecutive year, China Pacific Insurance (CPIC) will serve as a joint partner at the 2026 Sustainable Global Leaders Summit. CPIC will deliver keynote speeches on topics such as green technology and extreme climate risk management, and host an immersive exhibition showcasing its achievements in ESG ratings, green insurance, and pension security.
Ding Xiangqun, Director of the National Financial Regulatory Administration, called for accelerating the transformation and upgrading of the banking and insurance sectors at the 2026 Finance Street Forum. Key priorities include optimizing institutional layouts, standardizing market order, and enhancing service relevance. He emphasized reducing the number but improving the quality of smaller institutions, cracking down on non-compliant marketing and illicit activities, and strengthening systems for disaster insurance, marine insurance, and pension and health products.
Ding Xiangqun, Director of the National Financial Regulatory Administration, stated at the 2026 Financial Street Forum Annual Meeting that in the first three quarters, the banking sector provided over 20 trillion yuan in new financing to the real economy, while insurance payouts approached 2 trillion yuan. She emphasized optimizing resource allocation to support emerging productive forces, strengthening the disaster insurance system, expanding pension and health insurance products, enhancing shipping insurance underwriting capacity, and contributing to the Healthy China initiative.
Ding Xiangqun, Director of the National Financial Regulatory Administration, stated at the 2026 Financial Street Forum Annual Meeting that efforts will be intensified to accelerate the transformation and upgrading of the banking and insurance sectors. Key initiatives include optimizing institutional layouts and advancing the reduction in quantity while improving quality for smaller institutions; standardizing market order by curbing non-compliant marketing practices and cracking down on illicit operations; enhancing service adaptability to support new quality productive forces and infrastructure development; strengthening the disaster insurance framework; and expanding the range of pension and health products.
CCIC Trust and PICC Life have launched a "Single People's Aging Care Service Trust," the industry's first retirement solution tailored for unmarried individuals. By integrating insurance with trust services, it delivers comprehensive solutions including asset management and medical guardianship to address the unique challenges faced by single people in aging, expanding the application scenarios of service trusts for elderly care.
The Xuchang Insurance Industry Association, in partnership with four life insurance companies, launched a Double Ninth Festival charity initiative to donate supplies to nursing homes. The association pledged to continue addressing the risk protection needs of the elderly through material assistance and professional services, enhancing their sense of security while upholding industry social responsibility.
Multiple regions have launched inclusive commercial long-term care insurance products, such as Beijing's "Jing Hu Bao" and Shanghai's "Hu Li Bao," aiming to supplement the policy-based long-term care insurance for mild to moderate disability coverage. Currently, the supply of commercial long-term care insurance remains low. Experts recommend aligning assessment standards, clarifying benefit boundaries, and building a multi-layered long-term care system to alleviate the caregiving pressures associated with an aging population.
The 2026 Financial Street Forum Annual Meeting will be held in Beijing in 10, featuring the inaugural Parallel Forum on Inclusive Insurance. Hosted by China Life, the forum focuses on inclusive insurance services for social governance and the practice of long-term care insurance systems. It brings together experts from regulatory bodies, industry, and academia to explore development pathways for the insurance sector during the "15th Five-Year Plan" period.
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