Party committees hold ideological study sessions
Trivium
While this study campaign may seem esoteric, it is co-opting time at all levels of the government – including all of the major financial regulators. Essentially, the campaign is an effort to…
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Insurance (General)
242 posts
AIA opens Tianjin and Hebei operations
AIA has been approved to add two more operations to its current seven operations in Mainland China
CBIRC ramps up offsite inspection for property insurers
These issues are a reminder that China’s insurance industry has long been plagued by questionable business practices…
China mulls scrapping QFII quotas
The scrapping of the quotas for these programs would represent an important symbolic step toward opening.
Exodus of ZhongAn executives continue as co-CEO steps down
ZhongAn’s performance is being watched closely by the domestic insurance industry. Insurtech is a relatively new concept overall, and is…
Shenzhen relaxes Qianhai finance and trade regulations
Any devolution of power allowing local authorities to be more aggressive in experimenting with financial opening should be good for foreign financial institutions…
CBIRC revising regulations on non-life insurance reserves
Improved solvency is positive for any potential further opening of the sector, as well. The more regulators feel confident in the health of the sector…
End of the road for Anbang
Given the severity of Anbang’s woes, regulators will remain highly vigilant to ensure that China’s private insurance companies are tightly regulated and solidly solvent. What’s more, regulators will go to great lengths to…
S&P becomes first foreign agency to issue ratings in China
It will be an uphill battle for S&P to grow its bond rating business in China. Issuers that would likely be rated lower by the foreign firm…
Guangdong accelerates GBA development
While many of the initiatives have been put forward in other GBA planning documents, the timeline of the reforms looks to be accelerated…