A New dawn for motor insurance in China

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<title>New dawn for motor insurance in China</title>
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<namePart>Guanjun, Jiang</namePart>
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<namePart>Jiang, Jack</namePart>
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<abstract displayLabel="Summary">The motor insurance market in China has evolved rapidly since the implementation of compulsory third-party liability insurance in 2005. Double-digit motor insurance premium growth has spurred huge topside revenue gains for local insurers. But restrictions on foreign insurers' involvement have virtually eliminated them from the US$55.5 billion market. Recent developments, however, are expected to alter China's vast motor market and open new opportunities for foreign insurers with the technical capacity and wherewithal to seize the day. Messrs Guanjun Jiang and Jack Jiang, both from Milliman, explore this new dawn.</abstract>
<note type="statement of responsibility">Guanjun Jiang, Jack Jiang</note>
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<topic>Seguro de automóviles</topic>
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<topic>Mercado de seguros</topic>
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<topic>Empresas de seguros</topic>
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<geographic>China</geographic>
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<title>Asia insurance review</title>
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<publisher>Singapore : Ins Communications Pte Ltd., 2009-</publisher>
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<identifier type="issn">0218-2696</identifier>
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<text>01/05/2012 Número 5  - mayo 2012 , p. 98-100</text>
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