Insurance Working Group Position Paper 2021/2022 - 保险业工作组建议书 2021/2022 Go back »

  • Published on:
    2021-09-23
  • Category:
    Position Paper
  • by:
    Insurance (Sub-working Group) Working Group / Forum
  • Keywords:

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The Insurance Working Group is the voice of Europe’s insurance industry in China. It was the first of the European Chamber’s working groups to be set up. It represents leading European insurers, brokers and other service providers engaged in life, non-life, reinsurance, and specialty insurance. Insurance is a form of safety in an unpredictable world – it shields families, individuals and businesses alike from all kinds of risks that may arise from our modern and complex society. Insurance is therefore a key element
for economic freedom, as it enables companies and households to deploy their resources without having to worry about unforeseen events. Insurance is also a formidable engine of local and regional economic growth because it enables trade, innovation and risk protection. The insurance industry plays a vital role in improving the livelihoods and wellbeing of all people, which is a key focus of the Chinese leadership. While members of the Insurance Working Group have different operational structures, all of them consider China a long-term priority market. They are fully committed to contributing towards the sustainable growth of the Chinese insurance market and they are aware of the crucial role commercial insurance plays in China’s economy and society. To this end, they want to provide added value to the industry by introducing best practices and technical know-how.

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