Accession to the World Trade Organization and the liberalization of China's insurance sector will significantly impact the global insurance industry
Published:
12 November 2003 y., Wednesday
Accession to the World Trade Organization and the liberalization of China's insurance sector will significantly impact the global insurance industry, according to Robert Gogel, CEO of RebusIS, the insurance technology solution provider.
Speaking at the 4th China Rendezvous 2003 in Beijing on November 7, Gogel called on China's existing market leaders to hone their management techniques to increase profitability in the increasingly crowded marketplace. China is set to become the fifth largest insurance market by 2025 and experts say that in 30 years time, China could become the world's biggest market for insurance, given its population and growing economic liberalization.
Šaltinis:
asiatimes.ru
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