Country Profile - China: Regulation the Key Bane in China
Source: Asia Insurance Review | Nov 2007
In this inaugural PricewaterhouseCoopers (PwC) survey on foreign insurers in China which covers 24 life and non-life insurers, it is noted that top on the list of concerns is the lack of a level playing field, the need to professionalise agents and for the non-life insurers, the frustration over the slow process of conversion from branches to subsidiaries. Here, Asia Insurance Review looks at the key findings of the survey and talks to Mr David Campbell, Asia Pacific Leader, Insurance Industry, about his thoughts on how foreign companies can thrive in China.
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