News China26 Oct 2018

China's P&C industry is in need of diversification - JLT Re

| 26 Oct 2018

The need for diversification in China's P&C market has long been recognised as the industry continues to be dominated by the fiercely competitive motor insurance sector, which currently accounts for about 70% of gross premiums written, points out JLT Re, a global provider of reinsurance broking and consultancy services and wholly owned subsidiary of the JLT Group.

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