Thursday, January 28, 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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China Issued USD$8.87 Trillion in Bonds in 2020 for YoY rise of over 26%: PBOC

The latest data from the Chinese central bank points to a marked rise in bond issuance in 2020 amidst the peak of...

Beijing, Guangdong, Shanghai All Stress Digital Renminbi, Financial Opening in 2021 Government Work Reports

Several of China's biggest regional economies have outlined plans to accelerate digital renminbi trials and financial opening measures in their government work...

ByteDance’s Douyin to Serve as China Central Television’s Spring Festival Broadcast Partner for 2nd Year Running

TikTok's Chinese counterpart Douyin will be the official partner for the Spring Festival gala show that will be screened by China's state-owned...

China UnionPay Establishes Commanding Presence in South-east Asia’s Digital Payments Market

Payments giant China UnionPay is making bold forays into the digital payment sectors of multiple countries throughout South-east Asia.