WTO and Development of China's Reinsurance Market
Yue-Ming Wu
Abstract
Yue-Ming Wu
Abstract
The reinsurance market of China is developing. How to make national reinsurance industry grow fast in order to face the international reinsurance company's challenge is the key for national insurance industry to develop and grow safely. In order to do so, we should set up and reconstruct the body of reinsurance industry, develop reinsurance company, properly introduce some reinsurance company with huge fund and advanced management method, renovate reinsurance product, and make reinsurance industry run smoothly.
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The reinsurance market of China is developing. How to make national reinsurance industry grow fast in order to face the international reinsurance company's challenge is the key for national insurance industry to develop and grow safely. In order to do so, we should set up and reconstruct the body of reinsurance industry, develop reinsurance company, properly introduce some reinsurance company with huge fund and advanced management method, renovate reinsurance product, and make reinsurance industry run smoothly.
Key concepts: Reinsurance, Business, China, Order (exchange), Product (mathematics), Insurance industry, Actuarial science, Finance