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  Euler Hermes December 2019: APAC Economic & Risk Insigh¡¦
  ±Û¾´ÀÌ : °ü¸®ÀÚ ³¯Â¥ : 19-12-31 10:46         
 
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Hi there!

Featured This Month:
Is China winning the insurtech race?

Chinese Big Tech (big data, cloud computing, AI, blockchain) and platform ecosystems could further disrupt the global insurance industry.

China¡¯s highly concentrated insurance market rose to #2 worldwide and should continue to grow by double-digits. Since the global financial crisis in 2008, insurance premiums (w/o health) have almost quadrupled to EUR 417bn (2018), making China the second biggest insurance market in the world.

 
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China: November activity improves
Data suggest that the worst of the weakness may be behind us.

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Japan: Fiscal stimulus package to support growth
The government announced a fiscal stimulus, amounting to JPY13.2tn.

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India: GDP disappoints in Q3 2019
Economy continued to slow in the July-September quarter of 2019. 
 
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China: Upwards revision in 2018 GDP
NBS revised last year¡¯s nominal GDP up by 2.1%, to RMB91.93tn.
 
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2021-02-03
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