CBIRC seeking opinions on new draft of insurance agency regulations
Trivium
China has effectively frozen approvals for new insurance intermediaries since August 2018. These measures are likely to …
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Insurance (General)
265 posts
Notice on further promoting the Facilitation of Capital Settlment of Insurance Companies
The new rules will allow insurance companies to exchange foreign currencies without approval for transactions of under …
Ma Xingrui promises to push ahead with integration
It shouldn’t surprise anyone that Guangdong officials are pulling out all the stops to make an integrated GBA a reality. As one of Beijing’s key initiatives at the moment, local government…
CBIRC approved increases in registered capital of six insurance companies
On May 31, the CBIRC approved an increase in registered capital of six insurance companies: …
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