Friday, November 14, 2008

Global Insurance Business

Insurance industry world wide is trying to expand their business especially in new emerging markets. On this line a research report titled as “Barriers to Global Insurance Business Operations: The Situation in Brazil, China, India, Mexico and Russia” is published (January 2008) by The Geneva Association which is made available online. The report is authored by Julian Arkell.

In the foreword it is mentioned that it is contribution to the analysis and debate on issues surrounding the entry of foreign insurance companies into large emerging markets.

The report gives overview of global insurance in terms of business operations, insurance regulations, global trade issues and detailed picture of each of the five countries of the legal, market and trade situation, both particular to the insurance sector and more generally if relevant to commercial environment for insurers and consumers of insurance products. It also provides comparable factors and statistics on the five countries.

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