Detail Where the States Does Too Littlel; Chinese Insurance   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 400 no. 8743 (Jul. 2011), page 60-61. Topik: Insurance Industry; Regulation; Growth Industries; China Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.67 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel In China, the insurance industry's growth prospects are breathtaking. Concerns over questionable sales practices have prompted regulators to restrict banks' distribution of life-insurance products, a channel that is responsible for about half of all life sales. If that was not bad enough, the end of subsidies for car purchases introduced during the global crisis removed a main impetus for sales of car-insurance policies. Car insurance is three-quarters of the country's property and casualty business. Even so life-insurance sales are off by only 5% so far this year, compared with the same period in 2010, and car-insurance sales, after slowing early in the year, seem to be rebounding. In the longer term most analysts are looking at 15% earnings growth for both life and non-life products for years to come. Some of the reasons for this rosy prospect are obvious: China's size, its growing wealth and the immaturity of the industry all explain its potential. But the fact that the industry has so far to go also reflects two historic shifts in government policy, one which set the market back and the other now propelling it forward. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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