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Apple warns of hit to iPhone shipments from China COVID disruption

Apple warns of hit to iPhone shipments from China COVID disruption

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...
Aon appoints Dai Jia to as general manager of its China ops

Aon appoints Dai Jia to as general manager of its China ops

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...

China’s trade war with US resulted in loss of USD 550 billion: Report

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...

China changing tune as birth rate drops to record low, faces challenge of ageing population

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...

AM Best Maintains Negative Outlook on China’s Non-Life Insurance Industry

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...
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