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Chinese insurers record 20% growth in green investment

The country's largest insurer Ping An set up a $62 billion green investment target by 2025. Several more players are also joining the hunt for sustainable assets.
Chinese insurers record 20% growth in green investment
Chinese life insurers have entered the country's green investment industry and should accelerate its expansion from an already impressive growth rate of nearly 20% in 2020, according to a latest industry report on insurers’ green investment trend published by Insurance Association of China on June 16. The report noted that the entire industry ended up achieving a size of Rmb561.5 billion ($87.2 billion) at the end of the year. It outlined several aspects for insurers’ next move on…
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