CHINA – China Insurance Regulatory Commission (CIRC) encourages microinsurance
The CIRC encourages insurance providers to promote microinsurance among lower income groups (LIG), especially in the rural areas, poor urban residents and migrant labourers. According to China’s insurance regulator, following the completion of the four-year pilot project, microinsurance has now covered 24 provinces from an initial number of nine. The demand for microinsurance […]
