Stabilizing China’s agriculture: The agriculture insurance market in China
Overview of the agriculture insurance market in China Agriculture insurance in China belongs to the non-life insurance market. It is usually purchased by agricultural producers to protect loss of or damage to their crops or livestock, against natural disaster and other uncertainties that would eventually effect the prices of agricultural commodities. China’s agricultural insurance market […]
The property insurance market in China: a new giant is rising in the global insurance industry
The history of China’s insurance industry is remarkably long. In fact, the history of the Chinese property and casualty industry (also known as P&C insurance) can be traced as far back as 3,000 BC when traders first developed rudimentary forms of risk diversification. However, it was not until the 19th century—when foreign traders introduced insurance […]