[$$] Insurers' Chinese Pipe Dream

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See a sample reprint in PDF format.Order a reprint of this article nowHEARD ON THE STREETDECEMBER 9, 2010, 8:16 A.M. ETInsurers' Chinese Pipe Dream ArticleStock QuotesCommentsmore in Heard on the Street »BY HESTER PLUMRIDGE

Is China the promised land for insurers? Back in 2001 when restrictions on foreign firms were lifted, it certainly looked that way. But the industry's high hopes are waning. Dutch insurer Aegon is to restructure its loss-making Asian business. Aegon still sees opportunity in China. But for the bulk of foreign insurers, turning a profit there will be a struggle.

Chinese opportunities appear mouth-watering. Insurance penetration is ...

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