International insurer Sun Life has just received permission to sell life insurance in Beijing. Here its Asia President, Douglas Henck talks about the firm's strategy in China and India and the challenges of the insurance business on the Mainland.
Tell us about your joint venture with Everbright in China.
Henck It's coming along pretty well. We have a joint venture with Everbright that goes back a few years, but we didn't actually start writing policies until late April 2002, when we started in Tianjin. I suppose that it's quite an unusual place to begin, but we were the first foreign company to go into Tianjin. Shanghai was...
