The Asian Development Bank has invested CNY270 million in Fosun United Health Insurance Company to enhance health insurance coverage and long-term care services in China.

Target Company Overview

The Asian Development Bank (ADB) has undertaken an equity investment in Fosun United Health Insurance Company Limited (FUHI) to enhance the commercial health insurance landscape and improve long-term care services in the People's Republic of China (PRC). On September 22, 2025, FUHI received regulatory approval for the issuance of shares to ADB, marking a significant milestone.

With an investment of CNY270 million (approximately $37.3 million), ADB's commitment is complemented by co-investments from the International Finance Corporation and Shanghai Fosun Pharmaceutical (Group) Co., Ltd., each contributing an equivalent amount. This funding will bolster FUHI's solvency and support its expansion as one of the PRC's seven specialized health insurance providers, positioning ADB as a pioneering investor in the insurance sector through a direct equity investment.

Industry Overview in the People's Republic of China

The PRC is facing a substantial demographic challenge due to its rapidly aging population. By 2035, it is projected that 400 million individuals, or approximately 30% of the population, will b

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Asian Development Bank

invested in

Fosun United Health Insurance Company Limited

in 2025

in a Other Private Equity deal

Disclosed details

Transaction Size: $37M

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