Chinese insurers lead in global renewables underwriting, but remain heavily tied to fossil fuels: study

Published on September 8, 2025

PICC, Ping An and Yingda Taihe captured US$200 million in new renewable premiums between 2023 and 2024, outpacing most global peers. Yet few major insurers have adopted explicit policies to curb LNG expansion, finds a new analysis.

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