# Insurance
Latest news and articles about Insurance
Total: 3 articles found
Swiss Re Corporate Solutions to Close Jiangsu Branch, Exit Standardized Internet Insurance
The global reinsurer's direct insurance arm shifts focus toward specialized corporate risk management amid intensifying competition in China's retail market.
Breaking the Glass Ceiling: Ding Xiangqun to Lead China’s Financial Super-Regulator
Ding Xiangqun has been appointed as the Party Secretary of the National Financial Regulatory Administration, making her the first woman to lead China's primary financial oversight body. With a career spanning banking, insurance, and provincial governance, her appointment emphasizes Beijing's desire for cross-disciplinary expertise at the helm of its financial stability efforts.
The QR Code Trap: Why China’s AI ‘Hallucinations’ Are a Growing Financial Risk
A viral incident involving a mistaken AI-generated payment has highlighted the dangers of 'hallucinations' in financial services. While general-purpose models struggle with accuracy and security, Chinese fintech giants are pivoting toward specialized vertical LLMs to ensure regulatory compliance and transactional safety.