Wednesday, April 14, 2021
Tags Chinese insurers

Tag: Chinese insurers

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...

China Loosens Regulations Governing Foreign Invested Banks and Insurers

The Chinese central government has released amended versions of its regulations for foreign invested banks and insurers that loosen conditions for their...

Executive Equity Holdings in Chinese Banks and Insurers Rise $16.9M in 2019

Equity in Chinese banks and insurance companies held by senior executives has seen a sizeable increase since the start of 2019.

CBIRC Targets Affiliate Transactions in Insurance Sector, Use of Insurers as “ATM’s”

The China Banking and Insurance Regulatory Commission (CBIRC) is cracking down on illicit affiliate transactions within the Chinese insurance sector.

Insurers Hit with Nearly 35mn Yuan in Fines over July and August

The China Banking and Insurance Regulatory Commission (CBIRC) is stepping up its scrutiny of domestic insurers with hefty penalties dispensed over the past two...

Banks, Insurers and Tech Giants Dominate China’s Most Profitable Companies

The latest China Fortune 500 list indicates that the ranks of the country's ten most profitable companies are dominated by commercial banks, insurance companies...

CBIRC Commits to Higher Foreign Investment Ceiling for Chinese Financial Institutions

The China Banking and insurance Regulatory Commission (CBIRC) says it will ensure that measures to raise the ceiling on foreign ownership of key financial...

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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...

Chinese CPI Bounces Back into Positive Territory in March

China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...

Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...