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Oct 20, 2025 03:59 PM (GMT+8) · EqualOcean
According to recent reports, major Chinese insurers — PICC P&C, Ping An Property & Casualty, and CPIC P&C — are accelerating their expansion in the overseas new energy vehicle (NEV) insurance market. Partnering with automakers and foreign insurers, they are innovating in product design, risk control, and claims services to build an integrated global insurance supply chain. PICC P&C has launched pilots in Hong Kong and Thailand, Ping An P&C is co-developing global protection models with Geely, and CPIC P&C has issued NEV insurance policies in Thailand. Analysts note the shift from “product export” to “service and model export,” as Chinese insurers use technology, local partnerships, and data integration to create a China-led global NEV insurance ecosystem.

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