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May 2019

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China Focus - A new dawn for motor insurance in China

Source: Asia Insurance Review | May 2012

The motor insurance market in China has evolved rapidly but restrictions on foreign insurers’ involvement have virtually eliminated them from the market. Recent developments, however, are expected to alter China’s vast motor insurance market. Messrs Guanjun Jiang and Jack Jiang from Milliman explore this new dawn.

This article has been updated from the print edition with the recent announcement by the CIRC.

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