China's insurance industry seen facing radical change.: An article from: National Underwriter Property & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on October 19, 1992. The length of the article is 699 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Speakers at the Third Asia-Pacific Risk Management Conference held in Singapore talked about the transformation of the Chinese insurance industry. The industry currently is dominated by The People's Insurance Co of China (Beijing). Two other Chinese insurers, China Pacific Insurance Co (Shanghai) and the Ping An Insurance Co (Shenzhen) must cede 30% of their business to the PICC in a reinsurance agreement. The People's Bank of China, which oversees the industry, is writing up new rules that will liberalize the industry. The American International Group (New York, NY) is the first fully foreign-owned insurance company to be allowed to operate in communist China.

Citation Details
Title: China's insurance industry seen facing radical change.
Author: L.H. Otis
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: October 19, 1992
Publisher: The National Underwriter Company
Issue: n42 Page: p9(2)

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