Insurers need to focus on value-added biz
(chinadaily.com.cn)Updated: 2007-07-12 17:02
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A life insurer cannot be assessed merely in terms of premium income or company scale, according to Chen Wenhui, assistant to the chairman of the China Insurance Regulatory Commission (CIRC).
Chen said life insurers in China should exert their own core competence, make use of their advantages in risk management and long term asset management services, and combine damage compensation with long term saving functions.
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The full text is available in the July Issue of China Insurance.
(For more biz stories, please visit Industry Updates)
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