China plans to establish a system that will efficiently help with the transfer and continuation of workers' social security accounts after they change workplaces.
Foreign insurance companies will be able to undertake the business of China's compulsory traffic accident liability insurance as of Tuesday, according to an amended regulation released Monday.
China will broaden the investment scope of insurers and simplify approval procedures to boost the industry's support for the nation's economic growth.
China's top legislature on Friday passed the law on servicepeople's insurance, the country's first act concerning the welfare of servicepeople and their spouses.
We should ask why there is still a lack of insurance to cover the work injuries of migrant and rural workers.
A draft law on servicemen's insurance is among several bills that will be put to a vote at the bi-monthly session of China's top legislature.
China Life Insurance Co said its net profit for the first quarter of this year plunged 29.4 percent year-on-year to 5.63 billion yuan.
China will be the "oldest" of four key emerging economies by 2050, and its insurers should take advantage of the challenges and opportunities of aging.
A draft law on servicepeople's insurance exempts those serving in the country's armed forces from paying premiums for their death and injury insurance.
Chinese Vice Premier Wang Qishan has urged the accelerated reform and innovation in insurance industry to promote healthy and stable development.
China is to work to expand a basic medical care insurance plan in the country and ensure a coverage rate of no less than 95 percent.
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With complaints about flight delays on the increase, Shanghai Spring Airlines - a budget airlines - and the Shanghai-based Dazhong Insurance Company Limited are offering flight delay insurance for the first time in China.
China's non-life insurance market may see its premium income fall this year, due to the slowdown in the economy, said Sun Jianping, CEO of Ping An Property & Casualty Insurance Company.
China will strengthen supervision of its insurance industry over the next three to five years to guarantee the ability of insurers to pay compensation, the China Securities Journal reported on Monday.
As China's society is aging it is high time the money over-issuing problem was resolved.
Chinese listed insurers, which are also major players in the capital market, are being conservative about their investment strategies this year in light of an uncertain global economy and a domestic slowdown.
To carry on the work is the only way to protect rural people's rights in their old age, and prevent the government's credit from being harmed.
China Life Insurance Co, the country' s biggest life insurer, said Monday its net profit for 2011 tumbled 45.5 percent year-on-year due to declining investment revenue and increased asset write-downs stemming from weak stock markets.