Magazine Table of Contents
China’s general insurance market must be one of the most-watched anywhere in the world – because of the rate of growth it has demonstrated over recent years as well as its burgeoning scale.
The reinsurance market in China has been hardening, but leading terms remain competitive, according to analysts.
There are positive signs for foreign insurers looking to get in on the action as the CBIRC eases restrictions on foreign insurance entities.
China’s efforts to open up its life insurance sector further could be good news for foreign players hoping to make significant inroads into the fastest-growing market in the world.
The InsurTech scene in the world’s second-largest insurance market is poised for further growth amid technological advancements and growing demand for insurance.