Foreign insurers and reinsurers have enjoyed a high degree of success cracking the Asian market – with the noteable exception of China. Jeffrey Kirk looks at the challenges they face 

The Peoples Republic of China (PRC) remains a challenging market to foreign insurers and reinsurers and investors, including those based, held or headquartered in the leading offshore financial centres such as Bermuda, Cayman Islands, the British Virgin Islands (BVI), Guernsey, Jersey, Isle of Man, Mauritius, Seychelles and others.