Swiss reinsurance: long-term prospects for the Chinese life and health insurance market are promising
"I have been working in Beijing for 10 months. Through these 10 months of observation, I am deeply impressed by the vitality of the Chinese insurance market, which stands in stark contrast to other markets." Recently, Sean Zoubo, President of Swiss Re China and Chief Executive Officer of Reinsurance Business in China, told reporters that although China's market still belongs to emerging markets in terms of insurance penetration rate and per capita insurance expenditure, the industry maturity, professional standards, data quality, AI application, capitalization level, solvency, etc., the Chinese insurance industry can fully support the future growth of consumer demand.
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