Beijing, Aug 15 (IANS): The China Insurance Regulatory Commission (CIRC) has asked for a quick response to claims following the deadly blasts in the port city Tianjin.
The death toll has risen to 85, including 21 firemen. Over 700 others were taken to hospital, Xinhua reported.
Insurance firms in Tianjin should prioritise claims related to the blasts, the CIRC said in an emergency notice on Friday night.
The commission asked insurance companies to have adequate funding on hand and work round the clock to support the families of victims.
Major insurance companies, including Ping An and China Life, already have emergency response plans in place.