Association Actuarielle Sino-française

By X.Sherwin Li, FIA, FCAA, China Re P&C

I have known Mr. PEI Yu for long but not until several days  ago did I know that he is the vice president of AASF. I am also very glad to see such a good platform with which AASF provides all the Chinese actuaries.

I guess that many people reading AASF blogs are located in Europe,  most in France maybe. What they are concerned about may be how China's insurance market is going.

Yes, facing a new insurance market, your primary concern is not the aspect of actuarial techniques but the macro and micro environments of the new insurance market. This seems like that when you have moved to a new city, the first thing is not how to operate and drive the newly-bought new car but to get to know the road conditions of the new city.

As my first paste in AASF group blog, I will not talk about China insurance market thoroughly but recommend some websites that may provide important information about China insurance market. Certainly, the most effective manner of getting familiar with China insurnace market is to practise in it, but if you cannot realize that browsing these websites periodically will help you to understand China insruance market necessarily.

You may or may not be familiar with these websites:

China Insurance Regulation Committee (CIRC, China's official insurance regulator) http://www.circ.gov.cn

Insurance Association of China (IAC, China insurance industry's national self-discipline organization) http://www.iachina.cn

"China Insurance Newspaper"' ( the sole Chinese newspaper majored in China insurance industry ) website  http://www.sinoins.com

China Insurance Website (The earliest third-party website on China insurance industry) http://www.china-insurance.com

China Insurance Information website (The portal website on China Insurance information ) http://www.chinabx.xom