Magazine

Aug 2018

Read the latest edition of AIR and MEIR as an Interactive e-book

Country Profile


China

China sets stage for prudent financial growth

The past year has seen China’s insurance regulatory landscape go through some exciting, and possibly turbulent changes. We round up several of the most significant developments.
 

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Achieving growth in one of the world's largest insurance markets

Since June, the China Insurance Regulatory Commission has allowed foreign life insurers to take a majority stake in local JVs, although growing their market share still seems a tall order. We take a look at the state of foreign insurers in China.
 

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Reinsurers face challenging operating environment

Onshore reinsurers in China facing tight underwriting margins can anticipate further competition from neighbouring Hong Kong soon.
 

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Belt and Road Initiative: Opportunities and risks

China’s Belt and Road Initiative will bring the global economy enormous growth and investment opportunities, estimated by Swiss Re to be worth an additional $23bn in commercial insurance premiums by 2030. However, BRI projects also bring with them risks. The first-ever Insurance Summit on BRI organised by Asia Insurance Review saw experts discuss these issues.
 

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InsurTechs in China - A promising scenario

In China, both InsurTechs and traditional insurers are leveraging digital technology to tap unexplored areas to bring better and specialised insurance services to customer and boost China’s insurance penetration.
 

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