Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

China bans sale of two new smog insurance policies

Reprints

China's insurance regulator has banned the sale of two new smog policies because they fell short of standards for insurable items, reports Ecns citing Caixin.

PICC Property and Casualty Co. Ltd., Ping An Annuity Insurance Co. and Ping An Property and Casualty Insurance Co. have been told to stop selling those policies, sources from the insurers said.

A China Insurance Regulatory Commission official said the insurable interests of those policies were not clearly defined.

Read more