The European Insurance and Occupational Pensions Authority (Eiopa) and the China Insurance Regulatory Commission (CIRC) have signed a Memorandum of Understanding (MoU) today (15 June) to increase mutual understanding of one another's supervisory regimes.
Some 90 percent of insurance claims from Storms Desmond, Eva and Frank have been fully or partly settled, according to the Association of British Insurers (ABI).
