Saturday, April 10, 2021
Tags Chinese insurance

Tag: Chinese insurance

1/5 of Chinese Banks and Insurers Score D or Worse for Corporate Governance

A new report from China Banking and Insurance Regulatory Commission (CBIRC) paints a dismal picture of corporate governance in the country's financial...

Virtual Lender ZA Bank Obtains Insurance Agency License in Hong Kong

One of Hong Kong's first virtual lenders has just obtained a license to also operate as a virtual insurance agency less than...

China’s Insurance Regulator Issues New Requirements for Solvency Levels

The China Banking and Insurance Regulatory Commission (CBIRC) has issued a new directive on measures to address the solvency levels of insurance...

CBIRC to Directly Regulate 39 Chinese Life Insurance Companies

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

CBIRC Warns Chinese Insurers against Arbitrary Expansion of Their Services Scope

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

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

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

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

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

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

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

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

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

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

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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Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....

China’s Services Exports Surge over 20% since Start of 2021, Imports Plunge by More Than 18%

China has seen a sharp rise in its exports of services since the start of 2021, in tandem with a plunge in...

Liquidity to Come Under Modest Pressure in April Following Funds Contraction of 30 Billion Yuan in March

Liquidity in the Chinese finance system is expected to come under modest pressure in the month of April as a result of...

China Co-chairs G20 Sustainable Finance Study Group with United States

China will play a leading role in efforts by the G20 to develop solutions for the challenges faced by the global sustainable...