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Shanghai tightens general insurance evasion supervision

By Shangguan Zhoudong (chinadaily.com.cn)
Updated: 2006-11-27 08:41

Related publication: Related readings: Better regulation for agricultural insurance urged Shanghai plans credit-rating for insurance agents Expert advises banning 'irrational' compulsory insurance Rules for insurance investment abroad

Shanghai recently decided to establish a treatment and precaution mechanism to tackle payment arrears and general insurance, in an effort to protect the rights of migrant workers.

The Shanghai government will take further steps to improve advance payment in arrears of wages and general insurance and recovery mechanisms.

Shanghai will also tighten supervision on general insurance evasion. Workers involved in highly dangerous industries and specialized work must be trained and qualified.

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The full text is available in the November Issue ofChina Insurance.