Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

Sep 2024

China


More NEV manufacturers in China to join motor insurance

There are several reasons why new energy vehicle manufacturers in China are keen to jump onto the insurance bandwagon.
 

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Can insurance intermediaries survive China's harsh winter?

Last August, the bancassurance channel in China blazed the trail by implementing ‘reporting consistency’. By February this year, the brokerage channel had followed suit. Now, the individual insurance channel is poised to adopt the same measures.
 

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China gets a new reinsurer

Madrid-headquartered MAPFRE RE is set to open its branch in Beijing after it received approval from the National Financial Regulatory Administration.
 

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Chinese government supports insurance, macroeconomic concerns remain

China’s non-life insurance market has experienced robust growth following the pandemic, particularly with double-digit increases in agriculture, health and liability premiums.
 

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