China Taiping enters Shanghai marine insurance scene

China Taiping enters Shanghai marine insurance scene

Shanghai: China’s leading insurance industry player, China Taiping, has been approved by the China Insurance Regulatory Commission to set up its Shipping Insurance Operation Center in Shanghai.

China Taiping is the 11th Chinese insurance company to be approved by the China Insurance Regulatory Commission to setup in Shanghai. The operation center is expected to commence operation within six months.

The China Insurance Regulatory Commission shortened the pre-approval to set up shipping insurance operation branches in Shanghai in May this year to promote the city as an international maritime centre. [16/12/14]

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