China High-quality Path Presents Key Opportunities for Reinsurance Industry

by swisschambei in Bank / Finance / Insurance

The insurance industry is expected to be on the track of steady development in China as the economy rapidly recovers from the COVID-19 pandemic, executives of global reinsurer Swiss Re said. China’s economic recovery this year is likely to be consumption-led and see stronger growth in contrast to the global economic slowdown, said Christian Mumenthaler, CEO of Swiss Re. “We observed that the pandemic had a lasting impact on the risks and demand for insurance,” Mumenthaler said. According to the Swiss Re Institute, global demand for risk protection has increased after pandemic, people are now more used to online interaction and rate hardening in non-life commercial insurance lines continues.

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Your Swiss Business Platform in China

SwissCham China has roughly 600 company members. Our Chamber maintains a strong relationship with the Embassy of Switzerland, Switzerland Global Enterprise, Swissnex and Switzerland Tourism. As the representative of the Swiss companies established in China, our goal is to help you to increase your business and visibility, especially amongst the Sino-Swiss business community.

Become A Member

Sign Up For Our Newsletter

  • This field is for validation purposes and should be left unchanged.
July 17, 2023
Published By in Business
July 16, 2023
Published By in Engineering / Manufacturing
July 13, 2023
Published By Consulate General of Switzerland in Guangzhou in Engineering / Manufacturing
July 3, 2023
Published By in Bilateral Relations