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Insurers encouraged to invest in healthcare

By Hu Yuanyuan (Chinadaily.com.cn)
Updated: 2008-12-27 11:00

China's insurance regulator will encourage insurers to selectively invest in medical institutions to better control risks, Wu Dingfu, chairman of the China Insurance Regulatory Commission said today.

On April 16, Ping An Insurance Group inked a cooperation deal with Ciming Checkup, the country's largest health exam chain, becoming China's first insurer to invest in the healthcare industry.

Experts said insurers' investment into medical institutions could not only help them better control risks when developing health insurance policies and dealing with relevant claims but also bring them a good investment return.