Guangdong Continues to Top China In Insurance Premiums

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Sunday, April 30, 2000, updated at 08:35(GMT+8)

Business

Guangdong Continues to Top China In Insurance Premiums

Insurance premiums in south China's Guangdong Province accounted for 10 percent of the country 's total last year, reaching 14 billion yuan (US$ 1.69 billion), according to figures released on April 29.

Guangdong has been leading the country in insurance premiums since 1984. The province has eight domestic and overseas insurance companies which have 50,000 employees and operate 670 branches across the province.

Meanwhile, 22 foreign insurance firms have opened representative offices in the province.

The city has set up a supervision center recently to strengthen administration in the insurance market and deal with complaints from clients.


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	Insurance premiums in south China's Guangdong Province accounted for 10 percent of the country 's total last year, reaching 14 billion yuan (US$ 1.69 billion). Guangdong has been leading the country in insurance premiums since 1984. The province has eight domestic and overseas insurance companies which have 50,000 employees and operate 670 branches across the province.




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