News China24 Jun 2022

Insurers rationalise branch network

| 24 Jun 2022

P&C insurance companies closed down 489 branches or offices but opened 361 others in the period from 1 January to 21 June this year, according to data from the CBIRC. Thus, in the year to date, the network of non-life insurers has shrunk by 128 outlets.

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