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Chinese Insurance Markets: Developments and Prospects

Author

Listed:
  • Hanming Fang
  • Xian Xu

Abstract

In this chapter, we review the development of the insurance industry in China, and provide a comprehensive discussion of its regulatory framework, major insurance segments, market structure, InsurTech, social insurance, and the challenges and prospects for the future development of the insurance market in China.

Suggested Citation

  • Hanming Fang & Xian Xu, 2023. "Chinese Insurance Markets: Developments and Prospects," NBER Working Papers 31292, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:31292
    Note: IO PE
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    More about this item

    JEL classification:

    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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