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…
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Health and Life (Personal) Insurance
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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…