Key Developments in Life Insurance and Technology Integration

Matthews China Fund’s Strategic Moves: New China Life Insurance Co Ltd Reduced by 66.07%

5 Nov 2025

Matthews China Fund made several strategic moves in Q3 2025, notably reducing its position in New China Life Insurance Co Ltd by 66.07%, a move that decreased its portfolio weight by 2.07%. The fund also made significant additions, including 2.8 million shares of CMOC Group Ltd and 319,000 shares of Wuxi AppTec Co Ltd. Additionally, Matthews China Fund increased stakes in 13 stocks, such as China Merchants Securities and Kuaishou Technology, while completely exiting positions in five companies, including Kingsoft Corp and Wanhua Chemical. As of Q3 2025, the fund’s top holdings included Tencent, Alibaba, and China Construction Bank.

Swiss Re expands AI mental health initiative

4 Nov 2025

Swiss Re and Wysa have expanded their digital mental health initiative, Wysa Assure, to policyholders across three continents. Launched in 2023, the app combines Swiss Re’s risk expertise with Wysa’s AI-driven chatbot, which uses cognitive behavioral therapy (CBT) to offer on-demand emotional support and self-guided mental health resources. After success with Australian insurer Ascenda, the app is now part of global insurance ecosystems, including MassMutual, Eagle Insurance, and Momentum in South Africa. The initiative aims to enhance customer engagement, reduce health risks early, and lower claims costs by providing accessible mental health support.

Tata AIA unveils digital engine to automate life insurance underwriting

2 Nov 2025

Tata AIA Life Insurance has introduced its Underwriting Rule Engine (URE), a digital platform powered by AI and big data to streamline life insurance underwriting. The system automates risk assessments by analyzing applicants’ medical history and lifestyle data, providing real-time decisions and cutting down approval times from weeks to hours. URE also uses AI-driven questioning during tele-medical exams to gather more accurate health information, reducing the need for physical tests and paperwork. This innovation aims to make the insurance process faster, more efficient, and transparent.

Life Insurance Struggles to Attract Under-40 Buyers, Report Says

31 Oct 2025

The life insurance industry faces a significant challenge as consumers under 40 increasingly reject traditional policies, driven by delayed life milestones and a preference for immediate, tangible benefits, according to the Capgemini Research Institute and LIMRA’s World Life Insurance Report 2026. While 68% of this age group sees life insurance as essential, high premiums, limited immediate benefits, and complex processes are key barriers. Younger consumers prioritize “living benefits,” like emergency financial support and wellness rewards, over death protection. The report also highlights gaps in portability and digital experiences, with many consumers desiring more flexibility and advanced digital services. To close the adoption gap, insurers are advised to innovate products, empower advisors with AI insights, and form strategic partnerships to integrate insurance into daily life.