CHENGDU, Jan. 16 (NBD) -- The China Insurance Regulatory Commission (CIRC) is planning to strengthen the supervision over investment-type property insurance following the tightened control over universal insurance.

Risk prevention and control is likely the most important consideration of the insurance regulator, Wang Xujin, professor with the insurance department of Beijing Technology and Business University, told NBD. 

The new regulation won't exert much impact on the insurance industry, as there are just a few insurance companies selling such insurance products, Wang added.  

Email: lansuying@nbd.com.cn