Question

The customer requires ICC(A). Considering that the insurance policies of China’s domestic insurance companies are all based on CIC, where can we acquire this type of insurance in China? If we are insured with ICC(A) in China, will it be effectively used to claim abroad? And accordingly, how can we refer to ICC(A) when filling the insurance policy?​

Answer 1

The Chinese insurance market has grown at a furious pace in recent years and will surpass that of the United States by 2029.

A strong economy, government investment, consumer awareness, and technology are fuelling China's growth in the insurance sector.

China's biggest insurance companies are among the largest companies in the world.