BEIJING – Devastating summer floods in the populous province of Henan in central China are a wake-up call for local authorities to seek better insurance
Devastating summer floods in the populous province of Henan in central China are a wake-up call for local authorities to seek better insurance cover against natural disasters, potentially opening up a huge market for insurers in the country.
China's banking and insurance regulator will step up its scrutiny of online insurance companies, the state-backed Shanghai Securities News reported on Thursday, widening a drive to rein in country's internet platforms.