Examines the effects of market liberalization on the Mainland insurance industry after joining the World Trade Organization, China. With a handful of Chinese insurance companies continue to dominate the market, what are the potential challenges and opportunities faced by domestic firms under foreign competition? Despite the rapid growth in premium income, limitations on the scope of business and geographic area of operation of foreign insurers are hampering efforts to connect to the growing insurance business in the country. Studying the experience of American International Group, the first foreign insurance company to open a subsidiary in China since 1979, and the difficulties he faced in developing its mainland business. "Hide
by Jennifer Lee, Ka-Fu Wong Source: University of Hong Kong, 16 pages. Publication Date: June 15, 2005. Prod. #: HKU409-PDF-ENG
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