Since 2007 there have been substantial changes in GAAP of property insurance industry in China, which affected the implementation of asset liability management to some extent.

自2007年以来，我国财产保险行业的会计准则发生了较大的变化，并在一定程度上影响着财产保险公司的资产负债管理。

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The insurance industry was reintroduced into China in 1979, first with property insurance that year, followed by life insurance in 1982.

FORBES: Life Insurance In China