In the aftermath of the 2008 Wenchuan Earthquake, the Chinese government recognized the importance of catastrophe insurance in promoting rapid rehabilitation and recovery following a disaster. China has since made significant progress in establishing a catastrophe insurance indemnity mechanism that allows for local innovations and pilots based on local characteristics. Looking ahead, major challenges for catastrophe insurance in China include its...
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2020/07/16
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The Development of Catastrophe Insurance in China : An Exploration - Learning from Experience : Insights from China’s Progress in Disaster Risk Management
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catastrophe insurance
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