China’s ageing population is driving demand for health and retirement insurance, while AI is transforming the industry through personalised, data-driven offerings. Despite pressure from digital disruption and low interest rates, insurance remains a bright spot for growth.
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China’s ageing population powers the insurance sector
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One key example is Yuanbao, which uses more than 4,000 AI models to analyse health and lifestyle data to match users with personalised insurance products. Sales rose about two-thirds last...
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