2023 Insurance Law Practice Overview of China

.INTRODUCTION

Over the past decade, China’s insurance industry has grown rapidly and held the second-largest premium market share worldwide for many years, contributing steadily to the global insurance market. In 2022, despite the repeated impact of the pandemic and the turbulent capital markets, China’s insurance industry has been put to the test and has seen new developments with the introduction of various favorable policies, such as the start of pension insurance and green insurance and the continued “popularity” of D&O … Read the rest

Overview: TPA’s Boundary of Insurance Activities in China

I. Introduction

When referring to insurance, the first term that comes up with one’s mind is likely to be insurers, which are mostly known to operate insurance businesses. Nowadays, with the growth of the insurance industry, other entities also emerge such as insurance agents, brokers, and loss adjustors. These entities play different roles to prosper the industry in many ways, for example, to provide more value-added services to their clients and to ensure the smooth process of insurance. Among them, … Read the rest

China links seven COVID-19 outbreaks to food packaging

China has linked seven COVID-19 outbreaks and almost 700 cases to contaminated imported frozen food packaging materials.

Scientists said the work supports speculation that cold-chain foods act as a pathway for SARS-CoV-2 and might present a risk for virus transmission between countries and regions.

They added handlers and processors of imported frozen foods should be effectively protected, monitored daily for symptoms of COVID-19, and tested for SARS-CoV-2 nucleic acid at regular intervals.

Seven outbreaks and 689 cases were linked to … Read the rest