, China
188 views
/Joseph Chan from Unsplash

China launches seven-month crackdown on industry fraud

Since 2021, the nation’s police have uncovered almost 2,000 insurance fraud cases.

The Ministry of Public Security and the National Financial Regulatory Administration of China announced a seven-month special operation which targets fraud crimes committed in the insurance industry.

It plans to commence in April and end in November, the government offices said in a statement.

Police departments nationwide will prioritise solving major cases, targeting criminal organisations, and disrupting the criminal chain. 

ALSO READ: Over 1.12 billion in China receive health e-certificates

Collaborative efforts will involve police, regulatory agencies, insurance industry organisations, and insurance companies.

Financial regulatory agencies will concentrate on high-risk sectors, employing big data technologies and sharing intelligence promptly with the police.

Since 2021, Chinese police have uncovered nearly 2,000 cases of insurance fraud and disbanded almost 600 criminal organisations.

Follow the link for more news on

Prudential, StanChart memperkuat 25 Tahun kemitraan bancassurance

Mereka memiliki kemitraan bancassurance terlama di Singapura dan Asia.

MSIG Asia dan RiskPoint mempertaruhkan asuransi energi terbarukan

Kawasan Asia-Pasifik berpotensi menarik investasi sebesar $3 triliun dalam pembangkitan listrik hingga 2033.

Kantor pusat Pru Life UK di Manila menerapkan kerja hibrida

Kantor ini memiliki area rekreasi dan kesehatan untuk membantu karyawan menyegarkan diri.

Etiqa meluncurkan produk asuransi takaful pertama di Singapura

Permintaan terhadap produk keuangan Islam dari Timur Tengah dan Asia Tenggara terus meningkat.

Perusahaan asuransi jiwa Singapura bidik pertumbuhan di 2025

Dorongan untuk solusi layanan kesehatan inovatif di tengah inflasi medis menjadi tantangan.