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 customers . Swiss Re predicted that problems and claims arising from environmental factors will become more complicated as China puts more emphasis on environment protection. The firm noted that China ’s insurance sector would continue to grow despite global trade tensions and competition . A recent report from the Swiss Insurance 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 better 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 customers . The firm noted that China ’s insurance sector would continue to grow despite global trade tensions and competition . A recent report from the Swiss Insurance 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 better evaluate clients ’ pollution - related risks , as China puts more emphasis on the sector .