April 25, 2018 / 10:10 AM / 3 months ago

China banking, insurance regulator warns of risks of online insurance

BEIJING (Reuters) - China’s banking and insurance regulator said on Wednesday that it has issued warnings on the risks of online insurance.

Some insurance agencies have misled consumers by not disclosing disclaimers while, some online platforms have engaged in bundle sales of insurance products, the regulator said.

Reporting by Beijing Monitoring Desk; Editing by Kim Coghill

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