China’s insurance regulator has been cracking down on the sale of policies that offer short-term cash returns under the guise of life insurance. Photo: Reuters

China insurance regulator punishes three firms for selling ‘problematic’ policies

Analysts say the policies offer short-term cash returns and do not meet the regulator’s efforts to refocus the industry on long-term security for policyholders

Topic |   Insurance

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China’s insurance regulator has been cracking down on the sale of policies that offer short-term cash returns under the guise of life insurance. Photo: Reuters
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