Categories
Banking & Finance

Insurance: Mortality tables revised

Increased life expectancy has prompted the government to recalculate the China Life Insurance Mortality table to help insurers price policies appropriately, state media reported. The revised statistical table, which shows probable death rates by age group, will take effect from the beginning of next year, the China Insurance Regulatory Commission (CIRC) announced Thursday.

Leave a Reply

Discover more from China Economic Review

Subscribe now to keep reading and get access to the full archive.

Continue reading