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China News Economy, Politics, Society, Regulation and Reform -- News by FT.com

Foreign insurers face barriers to enter China

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Old Sep 2nd, 2008, 10:00 PM     #1
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Default Foreign insurers face barriers to enter China

Regulatory barriers, intensifying competition and high staff turnover are among the obstacles that could dent the China expansion plans of foreign insurance companies, according to a PwC study

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Old Sep 2nd, 2008, 10:14 PM     #2
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Default Re: Foreign insurers face barriers to enter China

Regulatory barriers, intensifying competition and high staff turnover are among the obstacles that could dent the China expansion plans of foreign insurance companies, according to a study.

About 45 foreign insurers have allied to Chinese partners to set up mainland operations but many are frustrated by restrictions governing joint venture structures, branch locations and product offerings, according to a study by PwC, the professional services firm.
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