The Insurance Association of China (IAC) has issued the "Code of Professional Ethics for Directors, Supervisors and Senior Management of Insurance Companies" and the "Implementation Guideline for the Performance Evaluation of Directors and Supervisors of Insurance Institutions".
On August 9, 2021, we told our readers that the IAC (Insurance Association of China) was discussing the inclusion of spontaneous fire coverage in EV insurances in the country. At the time, we were not aware of the association’s plans: to create specific insurance policies for NEVs (new energy vehicles). The first ones were presented on December 27.
BEIJING, Dec. 19 (Xinhua) The Insurance Association of China has released insurance clauses tailor-made for new energy vehicles (NEVs). Besides traditional t
At 5:39 AM on November 30, Nanjing firefighters received the warning that a Volvo XC90 Recharge had caught fire in an underground garage. It took them only 15 minutes to reach the location and extinguish the blaze. Volvo technicians also rushed to the scene to try to help determine what happened with the plug-in hybrid SUV.
China plans to set up a new pension insurance company to further promote the development of its third-pillar pension market and encourage more market entities－including banks－to participate experts said.