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Featured This Month: Is China winning the insurtech race?
Chinese Big Tech (big data, cloud computing, AI, blockchain) and platform ecosystems could further disrupt the global insurance industry.
China’s highly concentrated insurance market rose to #2 worldwide and should continue to grow by double-digits. Since the global financial crisis in 2008, insurance premiums (w/o health) have almost quadrupled to EUR 417bn (2018), making China the second biggest insurance market in the world.
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| | | China: November activity improves
| Data suggest that the worst of the weakness may be behind us. View More |
| Japan: Fiscal stimulus package to support growth
| The government announced a fiscal stimulus, amounting to JPY13.2tn. View More |
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| | | India: GDP disappoints in Q3 2019
| Economy continued to slow in the July-September quarter of 2019. View More |
| China: Upwards revision in 2018 GDP
| NBS revised last year’s nominal GDP up by 2.1%, to RMB91.93tn. View More |
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