Guangdong: Encouraging large insurance institutions to establish reinsurance operation centers and marine insurance centers in Guangdong.

The People's Government of Guangdong Province issued a notice on the implementation of the "Guangdong Province Plan for Promoting the Development and Quality Improvement of the Service Industry". It mentioned encouraging large insurance institutions to establish reinsurance operation centers and marine insurance centers in Guangdong, guiding insurance institutions to develop in a differentiated and characteristic manner, supporting insurance institutions to increase their equity investments in Guangdong. Strengthening the function of insurance services for people's livelihood, improving the supporting policies at the provincial and municipal levels, accelerating the expansion, enhancement, and improvement of the quality of the third pillar of pension insurance, promoting the development of insurance products that combine pension security and wealth management functions, orderly carrying out city-specific commercial medical insurance, supporting the development of long-term medical insurance, encouraging the development of accident, health, and unemployment insurance for flexible workers and individuals with new forms of employment. Encouraging insurance institutions to increase their support for industries such as offshore wind power and marine equipment, new energy vehicles and ships, new energy storage, medical equipment, and low-altitude economy around the needs of the modern industrial system construction. Accelerating the establishment of a two-tier science and technology insurance policy system at the provincial and municipal levels, implementing reward and subsidy policies, expanding the coverage of product liability insurance, and promoting pilot insurance. Actively utilizing the social management function of insurance, supporting insurance institutions to innovate in liability insurance products and services through "price reform insurance" and other means, and cooperating with local governments to improve the effectiveness of safety production and environmental pollution governance in areas such as. Exploring the development of cross-border insurance business, improving the convenience of cross-border insurance fund settlement for current projects, and studying the expansion of the implementation scope of cross-border car insurance mutual recognition policies.