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Lloyd’s – China: Chasing the Chinese dream

Great Wall of China

As the world’s second largest economy, China is a tempting opportunity for insurers. Leigh Jackson reports on the key role being played by Lloyd’s, the difficulties in gaining traction and the reality checks on expectations.

The draw of the Chinese market has proved a temptation too hard to resist for large international corporations, with the insurance industry no exception.

Lured by the opportunity to grow in a newly

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Insurers are under growing regulatory pressure to treat non-financial misconduct as a core conduct risk, according to Loka Venkatramana from Pathlight Associates, who says they should use cultural and behavioural data with the same rigour as financial metrics to identify and address problems before they damage customers, staff or the market.

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