News Reinsurance10 Sep 2019

Insurance in China and India likely to grow significantly, says Hannover Re


Despite the insurance industry facing the double challenges of surplus capacities and historically low interest rates, Hannover Re anticipates that the level of insurance in China and India will probably surge sharply given factors such as their population density, a rapidly expanding middle class and the associated increase in asset values. These two markets are considered very important to the reinsurer.

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