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May 2019

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Engineering insurance: Returning to natural growth

Source: Asia Insurance Review | Sep 2013

Engineering insurance represents about 5% of non-auto insurance business in China but it is a "favourite" with insurers as it usually leads to other insurance purchases as the project progresses. Mr Jay Li of Swiss Re gives an update of the construction sector in the country, the challenges faced by insurers, the lessons learnt from losses overseas and the importance of risk management.

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