www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / HK Macao Taiwan

Insurers make a beeline for mainland market

By Lin Wenjie | China Daily | Updated: 2017-06-09 07:33

Insurers make a beeline for mainland market

A resident looks at a row of skyscrapers, including the AIA Central building, the headquarters of AIA Group, in Hong Kong's financial district.Xaume Olleros / Bloomberg

Joint ventures and easing of curbs woo experienced players from overseas. Lin Wenjie reports from Hong Kong.

Hong Kong and overseas companies have upped the stakes in the race for a slice of the Chinese mainland's robust life insurance market, while mainland clients continue to flock to the city to snap up insurance policies.

Industry experts still see great potential for overseas insurers on the mainland, despite the tightening of licensing regulations by the country's insurance watchdog.

Insurers make a beeline for mainland market

FWD Hong Kong - the insurance arm of Pacific Century Group, chaired by Richard Li Tzar-kai, younger son of Hong Kong tycoon Li Ka-shing - has applied to the China Insurance Regulatory Commission for a life insurance license and is keeping its fingers crossed that the green light will be forthcoming.

The company believes its plan to tap the mainland market conforms with the State Council's blueprint for promoting the development of diversified health insurance and innovative endowment, and aims to start operating on the mainland by specializing in online health insurance products and services.

"The mainland authorities have come up with a list of requirements that we need to fulfill. One of the key conditions is having a representative office up and running there (the mainland) for two years prior to winning a license. That's the reason we didn't apply for the license earlier. As a young company, we need to wait for some time until our Shanghai office can satisfy such a requirement," said David Wong Tai-wai, CEO of FWD Life Insurance.

How long it will take is still up in the air, he added: "As far as we know, there are more than 200 companies queuing up for licenses, but no one knows how long it will take before approval can be obtained. We hope to get the license within two years."

Earlier this year, the regulatory commission issued new rules to regulate the operations of insurance companies on the mainland, with a higher market entry threshold for Hong Kong's small and medium-sized insurance companies.

Hong Kong insurance sector lawmaker Chan Kin-por said the higher market entry rules will make it more difficult for small and medium-sized enterprises to open on the mainland, and only big multinational companies can have access to the mainland market.

"Even so, the prospects of entering the mainland market are definitely good for overseas insurers because an enormous population still lacks insurance protection," he said.

Previous 1 2 Next

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 亚洲精品欧美日韩 | 成年女人免费又黄又爽视频 | 日韩a级片 | 操她视频网站 | 高清欧美不卡一区二区三区 | 久久一日本道色综合久久m 久久伊人成人网 | 国产亚洲一路线二路线高质量 | 免费人成年短视频在线观看免费网站 | 真人真实毛片免费观看 | 视频综合网| 国产微拍精品福利视频 | 国产精品三区四区 | 俄罗斯极品美女毛片免费播放 | 91精品国产欧美一区二区 | 国产精品高清全国免费观看 | 免费观看亚洲视频 | 欧美高清色视频在线播放 | 欧美一区二区三区四区在线观看 | 欧美久久久久久久久 | 久草热久草视频 | 久草视频福利 | 欧美成人 一区二区三区 | 中国女人毛片 | 欧美一级高清片在线 | 在线一区国产 | 亚洲高清成人欧美动作片 | 成人午夜久久 | 久久欧美精品欧美久久欧美 | 精品一区二区三区在线播放 | 久久99热只有视精品6国产 | 欧美日韩国产在线人成dvd | 中文字幕日韩精品中文区 | 欧美成免费 | 久久狠狠| 美女叉开腿让男人捅 | 长腿嫩模打开双腿呻吟 | 99视频福利 | 99久久精品久久久 | 国产人成精品 | 欧美片能看的一级毛片 | 久久99精品久久久久久青青91 |