News China11 Nov 2022

Accumulated long-term medical insurance risk coverage approaches US$2tn

| 11 Nov 2022

Long-term medical insurance is a new type of insurance in China with no past experience, and the industry's accumulated risk coverage has reached the CNY10tn ($1.92tn) level, says Mr Peng Qun, senior manager, product actuarial team, at Ping An Life Insurance.

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