China: Regulator to rectify issues in insurance intermediary marketReprints
The China Insurance Regulatory Commission has decided to address some deep-seated problems in the insurance intermediary segment, reports Hexun.com.
The regulator has made a list of short-term and long-term goals for this work.
The rectification will take place in five stages, which include looking at the base factors, deepening reform and setting up a revamped system, among other things.
The move is also aimed at promoting innovation in the market.