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Zhongshan sees rapid development in life insurance market
Updated: 2018-08-20    Source: Zhongshan Daily Large Medium Small Print

In the first half of the year, Zhongshan sees smoothly-running and well-controlled life insurance market, according to the half-year Zhongshan life insurance work conference convened days before. The total insurance coverage increased 63.7% from a year earlier.

In the first six months, Zhongshan adds two life insurance market entities, making the total number 32. Life insurance premium, risk guarantee and compensation expenses were 8.82bn yuan, 1050bn yuan and 1.49bn yuan respectively.

In the first half, the insurance industry mainly developed insurance products for stay-at-home children, women and elderly, orphan parents and disabled persons and promoted health insurance services. 

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