China’s insurance mart expanded by 27.5% to CNY3.09 trillion in 2016, and a 20.45% y-o-y growth in the first eight months of 2017 to CNY2.77 trillion. Changes though are brewing in the insurance industry.
Chinese giant Ping An Group is synonymous with innovation and progress in the industry. In this exclusive, Executive Vice President and Chief Insurance Business Officer Lee Yuansiong shares tips on blazing the innovation trail
Fast-growing economy, digital economy, sharing economy, China has them all. Mr Eric Gao of Lloyd’s Insurance Company (China) Limited gives an overview and their outlook of this dynamic market.
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....