WASHINGTON--The American Insurance Association yesterday calledfor expediting the process for China to meet its World TradeOrganization mandates.
With Deputy Secretary of State Robert Zoellick scheduled totestify before the House Committee on International Relations, theAIA hoped the discussion would include the topic of China's slowprogress toward fulfilling the WTO requirements for insurance.
"We are increasingly impatient with the absence of moreprogress, particularly on insurance matters," said David Snyder,vice president and assistant general counsel for the AIA. "China isdepriving its citizens of the compensation, loss reduction andinfrastructure financing that insurance brings to a developingcountry."
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
