Growth Prospects

October 2009
Best's Review;Oct2009, Vol. 110 Issue 6, p48
Trade Publication
The article presents predictions pertaining to the growth in the automobile industry in the U.S. Fred Jin, chief operating officer at CNinsure Inc., states that car sales is expected to grow about 10 million in 2009. Jenny Lai, a consultant at Towers Perrin, infers that using the 585 billion U.S. dollars stimulus package launched by China's government is very important to boost the promotion of car manufacturing and sales and it has a positive impact on a premium growth of motor insurance.


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