The rating agency Fitch stated that the outlook for China's insurance industry next year is "neutral," believing that life insurance companies are focusing on quality growth and solvency through prudent investment strategies, while non-life insurance companies are concentrating on efficiency and cost control.

Fitch's industry outlook for China's life insurance companies is "neutral," considering factors such as slowing premium growth, solid solvency conditions, a more selective investment strategy, and the industry's ongoing focus on quality growth. Fitch believes that Chinese life insurance companies will continue to be committed to value-oriented sales and optimizing product structure. Although the attractiveness of traditional products may decline due to decreasing expected roi, it is believed that the demand for insurance products remains healthy.

Fitch's industry outlook for China’s non-life insurance companies is also "neutral," reflecting Fitch's expectation that non-life insurance companies will continue to focus on operational efficiency and cost control, with operating margins expected to remain broadly stable. Continued profitability growth, along with the ability of smaller insurance companies to supplement capital through new equity injections or reinsurance arrangements, will support solvency adequacy ratios.