One of the roadblocks often cited as to why foreign players are handicapped in China’s non-life market was their inability to write mandatory third-party liability motor insurance (MTPL) due to regulatory restrictions. With the restriction now lifted, is this the flag-off that foreign players have been waiting for?
By Benjamin Ang
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Specialisation in life insurance is key given the huge size of the China market. Differentiation and an eye on the retirement market could bring dividends.
By Benjamin Ang
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Floods have been a way of life in China for thousands of years. While the government has been successful in reducing the threats from these behemoth water-related risks, Mr Liu Yufeng of JLT Re China says that with the rapid urbanisation, it is crucial that China find solutions to this growing risk.
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By Ms Lynn Yang, Partner, and Ms Tong Ai, Associate, Norton Rose LLP, Shanghai Office
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