News China23 Sep 2022

European trade chamber renews call on CBIRC to train local bureaux to handle licensing

| 23 Sep 2022

Part of the problem for insurers in expanding branches in mainland China, particularly foreign insurers, is that local CBIRC offices lack experience in dealing with foreign-invested insurers, says the Insurance Working Group (IWG) of the European Union Chamber of Commerce in China. This has an impact on licence applications and business development.

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