by AIP Online Bureau | Nov 7, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Risk Management
“But this is part of a much deeper story – the uncertainty surrounding the future of the Chinese economy… These headlines are part of the ongoing saga as to whether there is any truth to the consistent rumours that authorities are discussing whether some...
by AIP Online Bureau | Mar 25, 2022 | Intermediaries, Non-Life, Reinsurance
Dai Jia Today, Aon-COFCO is the leading provider of risk management, insurance and reinsurance brokerage in China, with over 600 employees operating in Shanghai, Beijing, Guangzhou, Nanjing, Chengdu, Shenzhen, Hangzhou and Jinan SHANGHAI:Aon-COFCO, a joint venture...
by AIP Online Bureau | Mar 6, 2022 | International News, Policy
The trade war, accompanied by a slowdown in China’s economy and the impact of the COVID-19 pandemic, has resulted in the World Bank predicting a significant slowdown in the global economy as well as a lower prediction for the economic growth in the United States...
by AIP Online Bureau | Feb 18, 2022 | Eco/Invest/Demography, International News
In 2021, 267 million people were aged 60 and above in China as compared to 264 million in 2020. On the other hand, as per some demographers, the working-age population might fall to half by 2050 “For the Chinese history, 2021 will go down as the year when China...
by AIP Online Bureau | Dec 9, 2021 | International News, Non-Life, Reinsurance
Motor insurance, which accounted for 63% of non-life direct premiums in 2019, decreased significantly to 54% as of September 2021. With the combined impact of the economic fallout from the COVID-19 pandemic during the first half of 2020, and the implementation of the...