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PICC GROUP TO ENHANCE VEHICLE INSURANCE PREMIUMS


AsiaInfo Services

04-30-2004

PICC Group to Enhance Vehicle Insurance Premiums

BEIJING, Apr 30, 2004 (SinoCast via COMTEX) -- Wang Yi, president of the People's Insurance Company of China (PICC Group), reveals that PICC Property and Casualty Company Limited (PICC P&C) will again heighten its vehicle insurance premiums, and the related application has been submitted for examination and approval.

PICC P&C discloses that it will adjust the phase-2 & phase-3 vehicle insurance premiums, and at present, PICC P&C's research& development (R & D) center is inv

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