Magazine Table of Contents
In spite of the uncertainty caused by the trade war with the US, China remains a most attractive market for the world’s (re)insurance community because of its sheer size – and the amount of infrastructure that needs to be built and insured.
On 8 April 2018, the China Banking and Insurance Regulatory Commission officially started operations. We look at what it has achieved to date.
In 2016, the Shanghai Insurance Regulatory Commission set the ambitious goal of becoming an international insurance centre by 2020. As the deadline approaches, we look at how much works has to be done to achieve this goal.
China’s vision of a Greater Bay Area (GBA) that knits together the semiautonomous territories of Hong Kong and Macau with 11 surrounding cities in Southern China, including Shenzhen and Guangzhou, is an enticing one which will spur new opportunities for the insurance sector.
The China Rendezvous is making a comeback. This year’s rendezvous in Shanghai in early November marks a return to form as well as a celebration of a bright new insurance future.
The rapidly aging 1.4bn strong Chinese population has the largest number of people suffering from non-communicable diseases, which is putting immense pressure on China’s healthcare system.
Euler Hermes has predicted that China’s economic growth is set to slow but remain resilient at +6.3% in 2019 (from +6.5% in 2018).
China is famous for having one of the most robust and innovative InsurTech scenes in the world. We spoke to three such start-ups and find out what they think the future of China’s InsurTechs will be.