16 January 2020News

Chubb welcomes US-China trade agreement

Chubb has welcomed the phase one trade agreement between the US and China, describing it as an “important confidence-building step.”

Chubb said in a statement: “We urge the US and China to expeditiously move to the important phase two negotiations, taking into account the interests of both countries while reconciling important differences.”

Chubb said it has confidence in the long-term potential of the Chinese insurance market. “This agreement should expand market access for American business in financial services, including insurance,” it sai