China's first optoelectronic information industry joint-insurance consortium was launched in Wuhan on the 13th. Led by PICC P&C and joined by eight other leading domestic property insurers including China Pacific Property Insurance, Ping An P&C and China Life P&C, the nine-member consortium will operate on a market-based 'risk sharing, profit sharing' principle, cover 53 lead firms in the sector supply chain, introduce bespoke policies for subsegments such as optical chips and optical modules, a

China's first optoelectronic information industry joint-insurance consortium was launched in Wuhan on the 13th. Led by PICC P&C and joined by eight other leading domestic property insurers including China Pacific Property Insurance, Ping An P&C and China Life P&C, the nine-member consortium will operate on a market-based 'risk sharing, profit sharing' principle, cover 53 lead firms in the sector supply chain, introduce bespoke policies for subsegments such as optical chips and optical modules, and provide layered protection schemes tailored to different supply-chain participants.