A man wearing a face mask walks past a billboard showing Beijing’s city skyline at a subway station, following the coronavirus disease (COVID-19) outbreak, in Beijing, China June 30, 2020. REUTERS/Tingshu Wang/File Photo
July 28, 2021
BEIJING (Reuters) – China’s banking and insurance regulator said on Thursday that it will guide insurers to increase investment in natural disaster insurance and enrich product offerings.
It also plans to raise public awareness of risks, to let natural disasters insurance play a greater role in national emergency response, the China’s Banking and Insurance Regulatory Commission (CBIRC) said in a statement sent to Reuters.
(Reporting by Cheng Leng and Tony Munroe; Editing by Louise Heavens)
Source: One America News Network
