China, UK insurers to cooperate for Belt and Road projects: Experts
Posted On: Jun. 19, 2018 5:55 AM CSTIndustry experts said that Chinese and U.K. insurers are likely to increase cooperation to cover projects under the Belt and Road Initiative, Xinhua reported. Yuan Linjiang, chairman of China Reinsurance (Group) Corp., called for setting up a joint insurance mechanism to cover major risks as a single insurer may not have the capacity to insure the projects.