China's first compulsory insurance rules allow for the policy holder and those named on the policy a maximum of 60,000 yuan in cover for property damage, injury and death, according to the commission.

The railway insurance regulation, created in 1951 and amended in 1992, places a cap on insurance compensation at 20,000 yuan regardless of the passenger seat or class of ticket.

The China Insurance Regulatory Commission (CIRC) yesterday launched an interim rule on the compulsory vehicle liability insurance, adjusting the floating premium rates to show greater fairness ...

BEIJING (Reuters) – China will force heavily polluting industries to participate in a compulsory insurance program to ensure they can adequately provide compensation for damage, the government ...

China's State Council, or cabinet, has decided to abolish a decades-long compulsory accident insurance regulation on railway transport in a bid to better protect passengers' interests.

2023 JUN 26-- By a News Reporter-Staff News Editor at Daily China News-- Investigators discuss new findings in Business and Finance. According to news reporting out of Wuhan, People’ s Republic ...

Employee Benefits in China 2018 - Coverage on Regulations, State & Compulsory Benefits, and Private Benefits - ResearchAndMarkets.com February 18, 2019 07:19 AM Eastern Standard Time ...

China abolishes compulsory insurance for railway transport (Xinhua) Updated: 2012-11-18 22:51. Comments Print Mail Large Medium Small. BEIJING - China's State Council, or cabinet, has decided to ...