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International

Insurers in China to actively deploy new digital technologies

March 02, 2021 Reprints

Fitch Ratings (Hong Kong) Ltd. expects a steady shift in Chinese insurers’ distribution model from a traditional intermediary approach to digital platforms and more active partnerships with third-party internet platforms, including e-commerce, Asia Insurance Review reported. Fitch expects upfront investments in technology to undermine insurers’ performance in the near term regardless of the favorable growth prospects of digital insurance.

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Insurers in China to actively deploy new digital technologies

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