Tuesday, January 19, 2021
Tags Chinese insurance

Tag: Chinese insurance

Finance

CBIRC to Directly Regulate 39 Chinese Life Insurance Companies

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The China Banking and Insurance Regulatory Commission (CBIRC) has unveiled plans to shake up the regulation of the country's life insurance sector....
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Finance

CBIRC Warns Chinese Insurers against Arbitrary Expansion of Their Services Scope

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Chinese regulators are intent on ensuring that insurance companies stick to their lane amidst a broader push to contain risk in the...
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Finance

CBIRC Issues New Rules for Internet Insurance Operations, Encourages Big Data and Blockchain Usage

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The China Banking and Insurance Regulatory Commission (CBIRC) has just issued new regulations that target risk issues in the online insurance sector,...
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Finance

CBIRC Cancels Registration Regulation for Investment Management Capabilities of Chinese Insurance Agencies

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China's top insurance regulator has announced major changes to its regulatory model for the investment management capabilities of domestic insurance agencies.
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Banking

China’s Banking Regulator Unveils Three Year Plan to Improve Corporate Governance, CCP to Play Greater Role

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The China Banking and Insurance Regulatory Commission (CBIRC) has just released a multi-year plan for improving corporate governance in the banking and...
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Finance

Beijing to Set Minimum Core Solvency Adequacy Ratio of 50% for Chinese Insurers

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The Chinese central government has unveiled plans to mandate that the country's insurers must have a core solvency adequacy ratio of no...
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Fintech

Alipay’s Insurance Platform Provides Policies for House Pets Using Biometric Nose Print Technology

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Alipay is using biometric technology based on the unique nose prints of house pets to help to provide insurance policies for them...
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Finance

China Cancels Key Restrictions on Investment of Insurance Funds

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China's State Council has just flagged the loosening of key restrictions on the investment activities of insurance funds.
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Fintech

Alibaba Enters 700 Million Yuan Cloud Computing Deal with China Insurance Group

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Alibaba has just entered the biggest ever deal for the development of a cloud computing platform in the Chinese financial sector.
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Banking

China’s Banking and Insurance Sectors Made IT Investments of USD$29 Billion in 2019

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China's banking and insurance sectors significantly beefed up their IT resource investments in 2019, amidst a push from regulators for improvements to...
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Most Read

Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

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The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...
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NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

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China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...
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China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Economy CBNEditor - 0
Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....
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China Bans Banks from Selling Depository Products via Third Party Online Platforms

Fintech CBNEditor - 0
Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...
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