CBIRC approved increases in registered capital of six insurance companies
Trivium
On May 31, the CBIRC approved an increase in registered capital of six insurance companies: …
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Insurance (General)
232 posts
MoF cuts taxes for life insurers
The new policy should be a major boon to the bottom line of life insurers, who typically spend a lot on handling charges and commissions. The insurance industry has …
CBIRC released draft measures to allow insurance companies to communicate with policyholders via email
The new rules will make it easier for insurance companies to communicate with their policyholders. It will also advantage firms with …
Pacific Life Re appoints new Greater China head
Chan Keng Hong was announced as Pacific Life Re’s new head of Greater China operations. While based in Singapore, Chan will be responsible for …
Talbot to close China and Australia offices
This move seems to be in keeping with Lloyd’s drive toward leaner operations and greater profitability. Last year, Talbot closed its …
CBIRC okays insurance companies to use derivatives
The CBIRC’s decision to allow insurance companies to use derivatives is the latest sign indicating that authorities feel that they now have the sector under control and are thus willing to …
Growing expectations of an “insurance connect” for GBA
Insurance connect, as well as the established stock and bound connects are likely to bring the two market closer and allow more foreign investment in China
Guo Shuqing and other top CBIRC officials hold meeting with insurance companies
A reminder of how close regulators are to the state-owned insurance companies.
Prudential, Generali, Manulife, and AIA looking to enter China pension sector
Prudential and Generali are in processe of getting approval to enter China pension market
CBIRC to focus on insurance intermediaries
Insurance companies are required to carry out self-examinations and local CBIRC branches will conduct spot checks.