Structuring an indicator system for promoting and measuring high-quality Inclusive Insurance development
20 - 21 August 2025, Beijing
China
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Inclusive insurance is an important means of enabling sustainable economic development and encouraging investment in SMEs, as well as increasing the purchasing power of individual consumers. Although China is the second largest insurance market in the world, it lags behind the world average in terms of insurance penetration and density. Current macro dynamics and geopolitical tensions further challenge the growth and development of the insurance market, as well as insurance inclusivity for specific populations in China.
In June 2024, China's National Financial Regulatory Administration (NFRA) issued the Guiding Opinions on Promoting the High-Quality Development of Inclusive Insurance, the first institutional guidance on inclusive insurance in China. Nevertheless, China began exploring policy-based agricultural insurance as early as 2006, and in 2008 and 2012 respectively, micro-insurance in rural and urban regions were introduced, which are recognised as version 1.0 of inclusive insurance. To date, a number of innovative products and business models have been developed to reach more cohorts and reduce the insurance gap. Thus, inclusive insurance is recognised as a means of improving social stability and supporting broad-based economic development.
At this conference in China, experts from China and other markets will discuss ways to accelerate innovation and scale in inclusive insurance, particularly focusing on how to measure high-quality development. The aim of this conference, which is being held in China, is to facilitate mutual understanding between domestic and international stakeholders, particularly by sharing China's and other countries' experiences in this field.
Conference website and registration
Agenda
20 August 2025
14:00 - 15:30 / Opening
This session will introduce the trends, factors, sustainable models and the latest focuses of inclusive insurance across the world.
Host：
Li Xing，Researcher of CAFI, General Secretary of CIIN
Keynote speakers:
Dirk Reinhard，Vice Chair, Munich Re Foundation
Ping Jiang，Director-General of the Inclusive Finance Department, NFRA
Jinghui XU，Academic Advisor of CAFI and Chairman of Shanghai Renda Institute for Financial Inclusion
15:30– 17:00 / Panel discussion
This session delves into the latest trends across China and global markets, spotlighting regulatory evolutions, product innovations, partnership frameworks.
Moderator:
Li Xing，researcher of CAFI, General Secretary of CIIN
Panelists:
Runhuan Feng，Professor, Tsinghua University
Likai Zhang， Vice president, Yuanbao Group
Jingsong Li，General Manager, CPIC L&H
Liangxun Shi，General Manager, PingAn P&C
Beat Strebel，President, Swiss Re China
Chunli Wang，GM of inclusive insurance department, AXA
17:00 – 17:30 / Closing summary
This session will analyze and summarize the current situation, trends, and potential challenges that industry may face.
Speakers:
Jinghui XU，Academic Advisor of CAFI and Chairman of Shanghai Renda Institute for Financial Inclusion
Michael J. McCord, Managing Director, Micro-Insurance Centre at MILLIMAN (US)
18:30 – 21:00 / Welcome dinner
Speakers:
By invitation
21 August 2025
By invitation only
9:30 - 10:30 / Opening session & Keynote speech
(by invitation only)
In this exclusive closed-door session, CAFI will prseent its research insights on formulating indices for the high-quality development of inclusive insurance. Keynote speakers will dissect the sector's current landscape and decode emerging regulatory trends, offering critical benchmarks for policy innovation and market-driven progress.
Host：
Duoguang Bei，President of CAFI
Presenter：
Li Xing，researcher of CAFI
Keynote Speakers：
Tao Liang，Former Vice Chairman of China Banking and Insurance Regulatory Commission (CBIRC)
Yan Wen，Deputy Director of Life Insurance Supervision Department, National Financial Regulatory Administration
11:00 – 12:30 / Roundtable discussion
(by invitation only)
In this roundtable dialogue, participants from regulatory bodies, local governments, academia and industry will dissect, based on research findings, international best practices, analyze domestic observations, and distill actionable insights for policy formulation and industry advancement regarding metrics.
Host：
Duoguang Bei, President of Chinese Academy of Financial Inclusion (CAFI)
Speakers (by invitation only)
12:30 – 12:45 / Closing summary
(by invitation only)
Speaker
Jinghui Xu, Academic Advisor of CAFI and Chairman of Shanghai Renda Institute for Financial Inclusion
