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  Euler Hermes December 2019: APAC Economic & Risk Insights
  Writer : 관리자     Date : 19-12-31 10:46     Read : 6080    
  Trackback Address : http://www.rimskorea.com/gnu/bbs/tb.php/z15_1/78
 
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Hi there!

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.

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Japan: Fiscal stimulus package to support growth
The government announced a fiscal stimulus, amounting to JPY13.2tn.

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India: GDP disappoints in Q3 2019
Economy continued to slow in the July-September quarter of 2019. 
 
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China: Upwards revision in 2018 GDP
NBS revised last year’s nominal GDP up by 2.1%, to RMB91.93tn.
 
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