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China’s EV Boom Saddles Its Auto Insurers With Chronic Losses

China’s giant electric vehicle insurance market is flailing. Losses are piling up, as companies’ risk models haven’t kept up with changes in vehicle economics and driver behaviors. The country now has tens of millions of electric cars on its roads, …
Source: Claims Journal

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China’s EV Boom Saddles Its Auto Insurers With Chronic Losses

China’s giant electric vehicle insurance market is flailing. Losses are piling up, as companies’ risk models haven’t kept up with changes in vehicle economics and driver behaviors. The country now has tens of millions of electric cars on its roads, …
Source: Claims Journal

Leave a Comment