China is considering offering unified insurance packages
tailored to its overseas workers after nine Chinese were killed in
Ethiopia, according to the China Insurance Regulatory Commission
The Ministry of Commerce and the CIRC are working on the
insurance program for overseas Chinese workers, Jiang Tao, a CIRC
official, told Xinhua on Saturday.
As the commercial insurance products on the market are usually
exempted from liabilities such as unexpected casualties from armed
attacks, wars and plagues, those tailored to needs of overseas
workers are not available, Jiang said.
The two departments are also planning to develop special
insurance products to cover the specific risks for each batch of
overseas workers in the future, Jiang said.
Nine Chinese workers were killed in a recent attack on a Chinese
oil company in Ethiopia, with another seven kidnapped during the
attack and later released.
(Xinhua News Agency May 6, 2007)