Category Archive For "Insurance"
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Insurtech: The next big buzzword in insurance?
You’ve probably heard of the word “insurtech” at some point, but what does it mean? This portmanteau of “insurance” and “technology” is a recent buzzword that describes how insurers are revolutionizing the insurance industry with disruptive technology to improve and grow their offerings. Since technology took central precedence in the Chinese government’s 2013 reforms, the …
Govt clamps down on foreign insurance in China
Over the past two or so years, there has been a constant financial trend in China that has piqued the interest of investors, companies, and governments alike: The continued capital outflows out of the country. According to the Wall Street Journal, as of September 2016, capital outflow from China has been recorded in each of …
Tips on comparing health insurance plans in China
In the past couple of decades the number of insurers in China has increased from but a handful to over 100, a market which is predicted to do nothing but grow in the near future. This is a great thing for many consumers as many of these insurers offer a wide variety of insurance products, …
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Critical illness insurance in China
When it comes to the economy and wealth in China, the rise in the past 20 years has been nothing short of meteoric. The sheer number of people who have pulled themselves, or been pulled out of poverty and into the middle class has grown exponentially and is forecasted to do so in the impending …
in Insurance
China introduces increased regulation of life insurance
In recent years the insurance industry in China has done nothing short of boom. Expats who have lived in the country for a long period of time have seen the variety of policies expand from just those offered by one provider to hundreds if not thousands of different providers now offering a wide array of …