News China15 Nov 2019

Sigma report explains success behind "Million Medical" insurance plans

15 Nov 2019

Within one year of introduction, more than 50 insurance companies were selling Million Medical products, and premiums soon exceeded CNY15m, accounting for nearly 10% of the total PMI market in 2017. A key success factor of the Million Medical product in China has been rising awareness of the need to have sufficient protection against health-related risks, says Swiss Re Institute (SRI) in a new sigma report.

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