Core Insights - The forum focused on the theme "New Intelligence, New Energy, New Future" and aimed to establish a platform for cooperation between China and Europe in the insurance and related industries [1] Group 1: Industry Collaboration - The Vice President of the Financial Regulatory Bureau emphasized the importance of China and Europe as significant forces in technology and insurance, advocating for mutual cooperation to promote global economic stability [3] - The President of China People's Insurance Group highlighted the increasing collaboration in the new energy vehicle sector, with Chinese automakers accelerating localization in Europe through investments and partnerships [3] - The forum featured discussions on the need for a comprehensive grading system for vehicle models and the establishment of a data-sharing mechanism within the insurance industry [4] Group 2: Technological Innovation - The forum proposed three initiatives: leveraging technological innovation to enhance smart vehicle insurance services, building a collaborative foundation through information sharing, and fostering regular exchanges between China and Europe in the insurance and automotive sectors [4] - The Chairman of China Ping An Property Insurance suggested creating a global claims service network and a differentiated risk control system to support the export of new energy vehicles [5] - The Vice President of China Bank Insurance Information Technology Management Company called for the standardization of basic data and the exploration of cross-industry data platforms [6] Group 3: Challenges and Opportunities - The increasing complexity of smart vehicles presents challenges in insurance liability, pricing, and service capabilities, necessitating innovation in car insurance products [6] - The forum released four significant outcomes, including the launch of an environmental impact assessment framework for insurance activities and a second-hand vehicle information service platform [7] - The discussions underscored the need for clear industry standards regarding liability in smart driving, as well as the importance of data rights and pricing in the insurance sector [7]

Core Insights - The 2025 Financial Street Forum's China-Europe Insurance Innovation Forum emphasized the theme of "New Intelligence, New Energy, New Future," focusing on technological innovation and collaboration in the insurance sector to support the development of the new energy industry and green low-carbon initiatives [1][2] Group 1: Industry Collaboration - China and Europe are enhancing practical cooperation, particularly in the new energy vehicle sector, leveraging industrial complementarity and strategic consensus [1] - Chinese automotive companies are accelerating localization in Europe through overseas investments and partnerships, while insurance institutions are collaborating closely with automotive firms [1] - Notable collaborations include China Pacific Insurance and AXA Group developing cross-border auto insurance solutions, and Allianz Group partnering with domestic automotive companies for European market initiatives [1] Group 2: Innovation and Development Strategy - China Pacific Insurance is committed to innovation and green development strategies, focusing on the domestic market while also promoting green insurance projects internationally [2] - The company is launching exclusive insurance products for new energy vehicles and advancing digital upgrades across all processes [2] - A new methodology for measuring the environmental benefits of green insurance will be released, contributing to global industry standards [2] Group 3: Future Initiatives - Three key initiatives were proposed: 1. Use technological innovation to enhance industry development, focusing on areas like autonomous driving and battery safety [2] 2. Establish information-sharing mechanisms to improve risk management through collaboration [2] 3. Foster regular exchanges between China and Europe in the insurance and automotive sectors to expand cooperation across various dimensions [2] - The forum serves as a platform for China Pacific Insurance to collaborate with various stakeholders to promote the development of the new energy industry and contribute to a green low-carbon future [2]