liberalization News

Best Special Report Sees China as a Market in Transition

“The Chinese insurance market is in a state of transition: after a period of rapid expansion, the market must now adjust for sustainable and healthy growth,” concludes a special report from A.M. Best. “Since enhancing risk management and market discipline …

ICC Proposes Measures to Stimulate Global Economy

The International Chamber of Commerce has unveiled the initial recommendations of its Business World Trade Agenda initiative, aimed at stimulating the global economy by helping to move the World Trade Organization’s (WTO) multilateral trade negotiations out of an 11-year deadlock. …

U.S., Trade Allies Push for International Services Talks

A proposed international agreement to reduce barriers to trade in service sectors ranging from banking to telecommunications [including insurance] would give the global economy a much-needed boost, top trade officials said on Wednesday. “This is a huge opportunity to spur …