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China insurance sector had 'good start' to 2009

(BESTWIRE) - The China Insurance Regulatory Commission said it believes the country's insurance sector has a secure solvency level and achieved healthy development in the first two months of this year, despite the effects of the global financial crisis.

CIRC Chairman Wu Dingfu said the Chinese insurance sector, which is more open and privatized than other sectors of the domestic financial industry, has been hit by the global financial crisis. However

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