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Chinese government tightens insurance supervision

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Administrators at Chinese state-owned insurance companies have been brought under higher-level supervision owing to the promotion of senior industry figures.

As reported by news site China Daily, the heads of China's four leading insurers - China Life Insurance Co, People's Insurance Company of China, China Taiping Insurance Group Co and China Export and

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Hidden risks in insurers’ culture and misconduct data

Insurers are under growing regulatory pressure to treat non-financial misconduct as a core conduct risk, according to Loka Venkatramana from Pathlight Associates, who says they should use cultural and behavioural data with the same rigour as financial metrics to identify and address problems before they damage customers, staff or the market.

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