News China06 Nov 2020

Auto insurance reform expected to lead to short-term volatility but long-term growth - Swiss Re

| 06 Nov 2020

Comprehensive motor insurance reform that took effect from 19 September is forecast to lead to a 5% drop in premium volumes in 2021 in real terms as new premium rates and risk loading factors phase in, says Mr Hao Jiang, an economist with Swiss Re Institute.

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