JLT celebrates Chinese New Year

12 February 2019

chinese new year

On Monday evening, JLT hosted Chinese New Year celebrations for leaders of the Chinese-Australian business community. The event — marking the Year of the Pig — was an opportunity for leaders to network and discuss some of the risks that their businesses could face in 2019.

YEAR OF THE PIG

The Pig is the twelfth and final animal in the 12-year zodiac cycle. Pigs are social and friendly, and are often seen as representing good luck. It is a fitting symbol for the friendship we have with Chinese business leaders. However, the strength of our relationship with China is founded on more than just business. Each year, since 2017, the Australian Football League (AFL) has played a game in Shanghai — the only Premiership game held outside Australia. As the AFL’s Official Risk Partner and sponsor of the AFL’s pre-season competition, the JLT Community Series, we are pleased to see the great game of Aussie Rules being embraced by our Chinese friends; further strengthening the ties between our countries.

GROWING RELATIONSHIP WITH CHINA

Our Chinese New Year event also recognised our increasing presence in the Chinese market. Last year, Chinese regulators granted JLT an expanded licence to trade as a foreign broker in China and cover all lines of insurance broking. In giving its approval, the Chinese Banking Insurance Regulatory Commission’s recognised our firm commitment to the Chinese market, and the skills and value we offer. Combined with the recent launch of JLT China Business Services, our relationship with Chinese businesses is moving from strength to strength.