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Summit to Reveal Innovation in Insurance and Market Conditions in China
Beijing: The insurance industry has grown rapidly in China in recent years. Premium incomes during the first three quarters of 2017 have exceeded 3 trillion RMB, an increase of 21% from 2016. Insurance penetration rates continue to skyrocket despite slowing economic growth, due in large part to an aging population more inclined to buy life and health insurance products.
In the wake of these developments, Duxes will host the 10th China International Insurance Summit 2018 on May 16-18 in Beijing. The summit will educate insurance industry professionals on opportunities and challenges in the Chinese market, and detail the effects of digitalization and technological innovation on insurance products and business models.
The event will feature testimony from representatives of leading domestic and international insurers, trade associations, as well as industry analysts and policymakers. Speakers will dedicate a day to effects of the One Belt One Road initiative on the Chinese insurance market, and proceed to cover distribution and marketing models, asset management, as well as security and regulatory compliance practices. The summit will give particular emphasis to the influence of the nascent fintech sector on insurance, with the latest information on blockchain, big data, internet insurance models, and other significant technologies.
The 10th China International Insurance Summit 2018 will continue Duxes’ decade-long contribution to the Chinese insurance industry. Duxes insurance events have pooled knowledge and experience from a diverse range of delegates, providing crucial information on market developments and innovation, and facilitating collaboration. Professionals involved in the insurance industry, or in related fields, are invited to attend.
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