Wednesday, October 21, 2020
Tags Chinese insurance

Tag: Chinese insurance

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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Banking

CBIRC Says Impact of COVID-19 on China’s Banking Sector under Control Despite Rise in Non-performing Loans

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The China Banking and Insurance Regulatory Commission (CBIRC) says that the ongoing spread of the COVID-19 pandemic will have a limited impact...
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Finance

CBIRC Releases New Asset Management Rules for Insurance Sector

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China's insurance authority has released new regulations for asset management products in the insurance sector.
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Finance

Sinatay Life Insurance Posts 33.5% YoY Rise in Compensation Pay Outs in 2019

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Hangzhou-based Sinatay Life Insurance Co., Ltd. (信泰人寿保险股份有限公司) saw a sharp rise in pay outs in 2019.
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Most Read

Digital Renminbi Will Enable Precision Control of Money Supply: Ex-Bank of China Head

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Li Lihui (李礼辉), former head of the Bank of China and current head of blockchain research at China's National Internet Finance Association,...
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Chinese GDP Growth Rises to 0.7% in Third Quarter

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China's GDP growth for the first three quarters of 2020 has entered positive territory despite the initial economic impacts of the COVID-19...
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Huang Jianhui Calls for Creation of “Aircraft Carrier Fleet” of Chinese Banks and Enterprises for Expansion into Overseas markets

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A leading Chinese economist has called for the country's banks and enterprises to join together in a concerted effort to expand their...
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Loan Prime Rate Remains Unchanged for Sixth Consecutive Month in October

Economy CBNEditor - 0
Chi­na’s loan prime rate (LPR) for October has re­mained un­changed for the sixth consecutive month.  The...
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