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China: Shanghai Free-Trade Zone looks to attract captive insurers

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Officials from the Shanghai Free-Trade Zone are looking to attract companies wishing to set up captive insurers, reports Hexun.com.

The zone's authorities are considering new policies that will support the formation of captive insurers. During a recent conference, several major companies in the country discussed the topic of setting up captive insurers. This interest, coupled with a relatively liberal policy environment, could make the Shanghai Free-Trade Zone an attractive location for captives.

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