News Asia14 Oct 2016

China:Auto premium growth expected to slow, non-motor to become more important

| 14 Oct 2016

Motor premiums, which account for three-quarters of total premiums in the Chinese P&C insurance industry, are expected to log lower growth in the next 12-18 months due to the nationwide implementation of commercial motor pricing liberalisation in July 2016, according to Moody's Investors Service in a report yesterday.

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