Economic Losses From China Disasters Reach $42B in First Nine Months of 2023 October 10, 2023 China suffered direct economic losses of 308.29 billion yuan ($42 billion) over the first nine months of 2023, the government...
China’s Extreme Weather Provides Wake-Up Call for Under-Insured Local Authorities August 12, 2021 BEIJING – Devastating summer floods in the populous province of Henan in central China are a wake-up call for local...
China Regulator Urges Insurers to Expand Natural Disaster Coverage July 29, 2021 BEIJING – China’s banking and insurance regulator said on Thursday that it will guide insurers to increase investment in natural...