Far-reaching changes call for new concepts
Source: Asia Insurance Review | Nov 2017
Virtually no other insurance market is changing as dynamically as the Chinese non-life market. This becomes clear just from looking at global megatrends like digitalisation and automation. While these topics dominate discussions about the future in many markets – almost to the exclusion of all others – in China, they are only part of a long list of challenges. Mr Christoph Hoch of Munich Re Greater China, explains what these challenges are, what the government is doing about them, and how insurers can benefit from cooperation with Munich Re on the road to the future.
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