News eCin30 Nov 2018

Auto insurance revamp is paramount for profitability

| 30 Nov 2018

Auto insurance in China is struggling to make ends meet as acquisition costs increased substantially over the past year. While the loss experience had improved (i.e. reduced claim frequency) and cushioned some of the hike in expenses, the aggressive commission payouts to distributors have eroded underwriting profits, says S&P Global Ratings in a recent report.

eWeekly China Newsletter is available to eChina subscribers only.

Please login to read the full news

Please Click here to subscribe eChina.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

 
Error : Object reference not set to an instance of an object.

Recent Comments

Other News


Follow Asia Insurance Review