News China25 Aug 2017

Ningbo pilot disaster insurance plan loses US$28 mln over 2 years

25 Aug 2017

The Ningbo pilot disaster insurance scheme, which is the first such plan in the country, has paid out nearly CNY95 million (US$14 million) in claims on premiums collected of CNY99 million between its establishment in November 2014 and the end of 2016.

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