Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

China's reinsurance market likely to grow rapidly: Rating agency

September 18, 2015 Reprints

Dagong Europe Credit Rating S.R.L. has said that China's reinsurance market is likely to grow rapidly with reinsurance premiums expected to increase an average of 10-15% in the coming three years, reported Asia Insurance Review.

Primary market development, more risk-based solvency requirements and increasing risk awareness should drive the market growth, said the credit rating agency. Dagong Europe estimates that Chinese reinsurers' gross premium written totaled about 160 billion Chinese yuan ($25 billion) in 2014.

Help

China's reinsurance market likely to grow rapidly: Rating agency

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources