The China Insurance Industry Association held its third regular press conference in 2026 on November 10 to report on the overall operation of the insurance market in the third quarter. In the first three quarters of 2026, the original premium income was 5.26 trillion yuan, up 0.9% year on year; compensation and payment expenses were 1.94 trillion yuan, up 3.9% year on year. According to peer-industry exchange data, life insurance and long-term health insurance liability reserves accumulated by personal insurance companies have exceeded 28 trillion yuan, an increase of 12.7% over the beginning of the year. The insurance industry has further implemented “integration of reporting and banking” to further promote cost reduction and efficiency. Handling fees and commission expenses fell 5.2% year-on-year in the first three quarters of 2026, with property insurance companies falling 3.1% and personal insurance companies falling 6.4%.

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