China's Insurance Market In 'Historic Phase'
NU Online News Service, July 7, 1:53 p.m. EDT?The opening of China's insurance market to foreign competition is entering a "new historic phase," according to a Chinese press report quoting a senior official from China's insurance regulation committee.
Today's People's Daily, China's official daily newspaper, reported that Insurance Regulatory Commission vice president Kemu Li said his commission has approved more foreign insurers to operate in China in the first half of 2003 and that the commission will "quicken the pace of reform" during the rest of the year.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
