The new rules will trim IP rider prices by about 30% on average, but insurers still face mounting pressure to manage claims and risk‑pool shifts in a high‑inflation environment.
The proposals would require agencies to set clearer standards for recommendations, give customers fuller explanations and strengthen internal oversight.
The ruling sets an important precedent that insureds cannot invoke the presumption of loss by perils of the seas where investigation was possible but not pursued.
China's market is heading toward half a trillion dollars by 2035, and insurers face the high-frequency challenge of flight safety, data security, and infrastructure risk—compounded by the threat of low-probability,...
