NFRA establishes risk level supervision scheme for life insurers
Annie Lin
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Health and Life (Personal) Insurance
4 posts
Mainlanders return to Hong Kong insurance market in droves
Jing Yan
COVID-19 restrictions decimated travel between mainland China and Hong Kong and essentially eliminated mainlanders’ ability to buy insurance products in the city. That state of affairs is clearly over, and the fact that mainland citizens are purchasing Hong Kong policies at rates even higher than they were before the pandemic suggests that appetite for Hong Kong insurance products remains organically high…
CBIRC tells life insurance actuaries to cap assumed rates of return on new products
Xiaorui Zhang
Falling interest rates have raised regulators’ concerns that insurance companies could be exposed to losses from negative interest rate spreads…
Two Sessions reports highlight need to control financial risk
Alex Yang
Policymakers and regulators have done a bang-up job cleaning up a chaotic sector that was arguably once the most prominent risk to the economy. The objectives in the Two Sessions reports are largely aimed at tying up that campaign…