Insurance has slowly become part of our lives
2 years, 6 months ago

Insurance has slowly become part of our lives

China Daily  

A bank employee addresses customers' queries on pension account in Yangzhou, Jiangsu province. Statistics show that China is the world's second-biggest commercial insurance market, with medical insurance for major disease alone covering more than 1 billion people. Today, there are about 350 commercial insurance companies in China, which employ about 9.71 million people. Encouraged by the sector's continuous growth, many experts say China will become the world's No 1 insurance market, thanks to its big population and booming economy. Eager to expand business, many insurance companies employ thousands of under-trained full-time and part-time people to sell insurance in exchange for big commissions.

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History of this topic

Explained: How health insurance is changing in China and why citizens are not happy
1 year, 10 months ago

Explained: How health insurance is changing in China and why citizens are not happy

Firstpost  

Almost everyone in China has had at least some health insurance since new policies were introduced a decade ago. The new policies, which have triggered protests in several big cities like Wuhan, are aimed at covering deficits in local employee health insurance plans and reducing inequality between cities and rural areas. Keith Bradsher/The New York Times The employee insurance pools …

Medical insurance ensures people's health, happiness
3 years, 10 months ago

Medical insurance ensures people's health, happiness

China Daily  

A community worker helps an elderly patient with online health insurance services at a hospital in Anqing, Anhui province, in July, 2020. Editor's Note: From "bare-foot doctors" to the most expansive and effective medical insurance system, China has made remarkable achievements in the healthcare sector. China runs the world's largest medical insurance system covering 1.35 billion people, accounting for 17.3 …

Medical insurance ensures people's health, happiness
3 years, 10 months ago

Medical insurance ensures people's health, happiness

China Daily  

A community worker helps an elderly patient with online health insurance services at a hospital in Anqing, Anhui province, in July, 2020. Editor's Note: From "bare-foot doctors" to the most expansive and effective medical insurance system, China has made remarkable achievements in the healthcare sector. China runs the world's largest medical insurance system covering 1.35 billion people, accounting for 17.3 …

China to overtake US as world's biggest insurance market
5 years, 6 months ago

China to overtake US as world's biggest insurance market

China Daily  

Xinhua | Updated: 2019-07-07 15:32 BEIJING -- China is expected to surpass the United States to become the world's largest insurance market in the mid-2030s, according to a report from Swiss Re Institute. China consolidated its position as the second largest insurance market globally in 2018, with total premiums reaching $575 billion. China's share of the global premiums went from …

China to overtake US as world's biggest insurance market
5 years, 6 months ago

China to overtake US as world's biggest insurance market

China Daily  

BEIJING -- China is expected to surpass the United States to become the world's largest insurance market in the mid-2030s, according to a report from Swiss Re Institute. China consolidated its position as the second largest insurance market globally in 2018, with total premiums reaching $575 billion. China's share of the global premiums went from zero in 1980 to 11 …

China to overtake US as world's biggest insurance market
5 years, 6 months ago

China to overtake US as world's biggest insurance market

China Daily  

BEIJING -- China is expected to surpass the United States to become the world's largest insurance market in the mid-2030s, according to a report from Swiss Re Institute. China consolidated its position as the second largest insurance market globally in 2018, with total premiums reaching $575 billion. China's share of the global premiums went from zero in 1980 to 11 …

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