Chinese Insurance Markets: Developments and Prospects

Hanming Fang; Xian Xu

doi:10.3386/w31292

Chinese Insurance Markets: Developments and Prospects

Hanming Fang & Xian Xu

Working Paper 31292

DOI 10.3386/w31292

Issue Date May 2023

Revision Date November 2023

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.

This paper is prepared for the Handbook of Insurance, edited by Georges Dionne. We are grateful to the Editor Georges Dionne and four anonymous referees for valuable comments and suggestions. All remaining errors are our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.
Copy Citation

Hanming Fang and Xian Xu, "Chinese Insurance Markets: Developments and Prospects," NBER Working Paper 31292 (2023), https://doi.org/10.3386/w31292.
- May 24, 2023

Chinese Insurance Markets: Developments and Prospects

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