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China Forces Compulsory Insurance on Heavy Polluters

China’s Ministry of Environmental Protection (MEP) and the China Insurance Regulatory Commission (CIRC) jointly released the “Guiding Opinions on Carrying Out the Pilot Program on Compulsory Environmental Pollution Liability Insurance (huanfa [2013] No.10, hereinafter referred to as the ‘Guiding Opinions’)” on February 21, which forces heavily-polluting enterprises to join an environmental liability insurance system to [...]

Mar 1 2013, 8:11 am | Posted in Featured,Insurance | Read More »

Shenzhen Adjusts Social Insurance Policy

Shenzhen Adjusts Social Insurance Policy

Shenzhen’s Social Insurance Bureau recently released a circular concerning social insurance payments in the city, which came into effect from January 1, 2013. The circular provides new policies regarding the payment of pension insurance and unemployment insurance in Shenzhen, and cancels over-age pension insurance contributions for individuals with Shenzhen hukou. Detailed information can be found below. [...]

Jan 24 2013, 10:53 am | Posted in Insurance | Read More »

New City Medical Service Allows Insurance Sharing

New City Medical Service Allows Insurance Sharing

Through a new city service residents that are covered by the city medical insurance can now share their accounts with other insured family members when their balances exceed the city’s average monthly salary for last year. The service has been initiated by the Shenzhen Social Insurance Fund Management Bureau and allows the card owners to [...]

Feb 14 2012, 10:29 am | Posted in Insurance | Read More »

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