NU Online News Service, Feb. 17, 8:53 a.m. EST 

Officials of the American Insurance Association and the Property Casualty Insurers Association of America are describing as "significant" the outcome of China-U.S. trade-related insurance talks.

David F. Snyder, AIA vice president and associate general counsel, says that through the Economic Track of the U.S.-China Strategic and Economic Dialogue, China has agreed to open up its mandatory third-party liability motor vehicle insurance market to foreign insurance companies. 

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • 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
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.