The company said it is exploring products related to environmental protection, which will help insurance companies evaluate an enterprise client’s pollution-related risks. Reinsurer Swiss Re said it is optimistic about the Chinese insurance market, and plans to produce more protection solutions to tap into opportunities with its partners. The company has been working on a new product for insurers that will be launched in China this year, according to an announcement from the company. A recent report from the Swiss Re Institute estimated that China will be responsible for 25% of global output in the next 10 years, and will become the largest insurance market before 2040. Swiss Re said it was exploring environmental protection products to help evaluate clients’ pollution-related risks, as China puts more emphasis on the sector.
Reinsurer Swiss Re said it is optimistic about the Chinese insurance market, and plans to produce more protection solutions to tap into opportunities with its partners. The company has been working on a new product for insurers that will be launched in China this year, according to an announcement from the company. A recent report from the Swiss Re Institute estimated that China will be responsible for 25% of global output in the next 10 years, and will become the largest insurance market before 2040. Swiss Re said it was exploring environmental protection products to help evaluate clients’ pollution-related risks, as China puts more emphasis on the sector.