Zhao Peng, President of PICC: AI promotes insurance to extend to full-cycle risk management.

The 2026 Lujiazui Forum, with the theme of "Improving the effectiveness and precision of inclusive finance", will be held on June 18th. Zhao Peng, President of China Life Insurance, stated that it is essential to better utilize the risk reduction function of insurance and become a safety net for social operation. The rapid development of artificial intelligence is driving the transformation of insurance from risk-sharing to risk management, extending from post-compensation to full-cycle risk management, and ensuring the safety of people's lives and property from the source.