Tag: China Regulator

Activity, Capital and Risk, Insurance, Regulations

China Regulator Urges Insurers to Expand Natural Disaster Coverage

July 29, 2021

Via: Insurance Journal

China’s banking and insurance regulator said on Thursday that it will guide insurers to increase investment in natural disaster insurance and enrich product offerings. It also plans to raise public awareness of risks, to let natural disaster insurance play a […]

Activity, Insurance, Regulations

China Regulator Pledges Continued Backing of Hong Kong as Financial Center

August 24, 2020

Via: Insurance Journal

China’s banking regulator pledged its backing for Hong Kong as a finance hub and reiterated a commitment to opening up the Chinese financial sector amid a deepening standoff with the U.S. China will provide support for its financial institutions doing […]

Activity, Insurance

China Regulator Puts Cap on Insurers’ Investments in Shareholders

September 9, 2019

Via: Insurance Journal

China’s banking and insurance regulator put a cap on Monday on how much insurance firms can invest in their shareholders, aiming to curb risks linked to the misuse of financial resources. China is sharpening its scrutiny of insurers’ and small […]