Friday, November 13, 2009
Insurers Find China a Tough Nut to Crack
When insurer AIA moved back into its gray stone colonial headquarters on Shanghai's waterfront Bund in 1998, it marked the return of foreign insurance companies to China after their ejection nearly five decades earlier. Since then the floodgates have opened as Cigna (CI), AXA (AXA), Allianz (AZ), and dozens more have set up shop on the mainland, aiming to tap a market of 1.3 billion people with few options for life insurance.
As it turns out, their optimism may have been overblown...
Business Week: Insurers Find China a Tough Nut to Crack
As it turns out, their optimism may have been overblown...
Business Week: Insurers Find China a Tough Nut to Crack
Permalink posted by markw @ 4:45 AM 
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