Allianz (China) Insurance Holdings published the Chinese-language 2026 Allianz
Global Insurance Development Report on July 6, showing global total premiums
written rose 7.1% in 2025 to €6.9 trillion. China’s market expanded 7.4% in 2025
to €745.6 billion, remaining the world’s second-largest and roughly 50% larger
than a decade earlier. The report forecasts China will lead global insurance
growth over the next decade with a 7.3% average annual pace, and says the market
is transitioning from high-speed expansion to higher-quality, more stable and
structurally optimized growth.