China's Insurance Industry: The Road Less Travelled Case Solution
This article sheds light onthe impact of market liberalization on the Mainland insurance industry following the World Trade Organization accession of China. With a smattering of Chinese insurance companies continuing to control the marketplace, what are the possible challenges and opportunities facing national businesses while facing international competition?Aside from the sudden increase in the income, limitations on geographical region and business scope of operation impede attempts by foreign insurance companies to tap into the burgeoning insurance company of the country.This article illustratesthe experience of American International Group, the first foreign insurance firm to start the problems it has encountered in developing its Mainland companies, and a fully owned subsidiary company in China since 1979.
This is just an excerpt. This case is about STRATEGY & EXECUTION
PUBLICATION DATE: June 15, 2005 PRODUCT #: HKU409-HCB-ENG
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