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Property/casualty insurers pay coronavirus compensation

Posted On: Mar. 31, 2020 5:40 AM CST


The China Banking and Insurance Regulatory Commission's Shanghai unit said than 36 property/casualty insurers have paid compensation of nearly 9 million Chinese yuan ($1.3 million) to 271 corporate customers affected by the coronavirus outbreak, Asia Insurance Review reports. These insurers have also expanded their product liability to include 25 million policies.

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