日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Foreign insurers turn to health, retirement for growth in China

By Jiang Xueqing | China Daily | Updated: 2018-06-26 09:48
Share
Share - WeChat
Students learn to play traditional Chinese musical instruments at a school for the elderly on Nantangbang Road in Shanghai. [Photo by Gao Erqiang/China Daily]

Foreign insurers are hunting for opportunities in China's retirement and healthcare sector, with the two sectors fast becoming integral for the sustained growth of the insurance industry in the nation.

"If you look at China's national social agenda, it's really around retirement and health. Those are the kind of things that excites not only us but also every insurance company," said Alex Kimura, chief strategy officer for Asia at UK-based insurance giant Aviva.

Given the aging population in China and the way the country has been managing the retirement and the pension system, there are a lot of growth opportunities for private insurers, said Kimura, who also sees a growth trend in multi-generation management of insurance in China, which is related to retirement and the adoption of the nation's second-child policy.

"Insurance companies used to issue policies for an individual. What will be great is to have a policy issued for the family, managing insurance and protection as a family, as opposed to just an individual," he said.

According to a report from global management consulting firm Oliver Wyman, the total managed assets by insurers in China will reach $4 trillion by 2022, compared to $1.7 trillion in 2016.

Such a huge market has also attracted global asset managers such as Fidelity International, which aims to provide full retirement and asset management solutions for Chinese customers.

As China has not gone through multi-generational wealth management, whereas some other countries have gone through a lot of succession planning, estate planning and financial planning, multinational insurers can bring the expertise in their home markets to China, Kimura said.

For instance, having two children dramatically changes how a household operates, how people save money, and how people look at succession planning, which is a new concept for many Chinese people.

"How do you plan for two-children succession planning? Is everything 50-50? Do you prefer 60-40? Why 60-40? ... A lot of questions come up when you have more things to deal with. Chinese consumers can learn from the vast experience of multinational corporations in wealth management in other countries where they have already thought about these questions," he said.

It is worth noting that there is also a specific Chinese cultural element to wealth management, which is not always the same as other countries, so it needs to be tailored to the Chinese market.

Another trend insurers are seeing is healthcare. A large-scale national health program has been planned in China, and it creates huge opportunities for the industry, he said.

Aviva is investing in mobile technologies that allow clients to take real-time medical advice without having to go to hospital.

It is also investing in companies looking at how to manage preventive care, such as detecting the chances of a person getting cancer.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 欧美一区二区三区爽大粗免费 | 欧美日韩中文字幕一区二区高清 | 久爱网| 国产在线网址 | www干| 国产精品国产a级 | 久久精品国产99国产精品 | 性做爰片免费视频毛片中文ILO | 国产成人综合在线 | 日本一区二区精品视频 | 国产成人91激情在线播放 | 澳门一级毛片免费播放 | 天天擦天天干 | 91在线直播 | 香蕉久| 精品国产一区探花在线观看 | 色综合久久天天综合观看 | 国内真实迷j下药在线观看 人人艹逼 | 九九爱这里只有精品 | 国产片av | 1024污视频 | 99精品视频在线观看 | 欧洲伊人网 | 插插插天天 | 久久影音先锋 | 国产亚洲精品sese在线播放 | 好吊在线视频 | 久久夜色精品国产 | 国产精品理论片在线观看 | 波多野结衣中文字幕视频 | 黄色av网站免费看 | 国产一卡2卡三卡4卡免费网站 | 亚洲视频在线观看 | 天天摸日日碰天天看免费 | 欧美三级成人理伦 | 激情综合网五月 | 日本一区二区免费看 | 91高清在线成人免费观看 | 日本高清午夜色wwwσ | 久久狠狠一本精品综合网 | 国产亚洲一区在线 |