China’s booming health insurance industry

The last 40 years of rapid growth has seen China rise to become the second-largest economy in the world with a population of 1.42 billion people. The country has fueled growth throughout the Asia-Pacific region, forming strong connections with neighboring countries and other economies around the world. Strong economic developments in China have overtime increased …

Continue reading

4 ways to implement corporate social responsibility programmes effectively

The concept of “corporate social responsibility” (CSR) is starting to emerge in China, with privately-owned multinationals and state-owned enterprises increasingly engaging in philanthropy and volunteerism, which includes everything from organizing clean-up drives to educating the underprivileged children. The Sichuan earthquake in 2008 also sparked a significant change in Chinese CSR, during which time an unprecedented …

Continue reading

Why should small-to-medium enterprises obtain group medical plans?

According to figures from the China Banking and Insurance Regulatory Commission in January this year, the combined premium income of Chinese insurers has grown at a double-digit rate, which means that insurance is getting more prevalent in the country as the market grows more mature. With this in mind, it naturally begs the question among …

Continue reading