Magazine Table of Contents
The Greater Bay Area initiative could be a boon for insurers and reinsurers who truly understand ‘doing business in China’. Peak Re’s Franz Josef Hahn provides a glimpse of the opportunities for businesses that take the time to gain some inside knowledge.
The increase in longevity and the declining birth-rate is leading to a rapidly greying population in China.
Euler Hermes’ Mr Alexis Garatti looks at the ramifications of closer ties between China and the EU.
The CBIRC has issued its ‘2019 Insurance Intermediary Market Chaos Remediation Work Plan’, which sets out three main tasks for insurance companies.
Among the more than 66,000 members of the Million Dollar Round Table (MDRT) worldwide, in 2018 close to 27% of them hailed from China, according to Mr Ross Vanderwolf, MDRT president. This makes China the country with the highest number of MDRT members. Among the top 100 companies worldwide with MDRT members, insurance companies from mainland China accounted for 19 seats, reported China Times.
China has implemented its first national standardised lexicon of insurance terms to promote the development of the insurance market.