Monday, October 26, 2020
Tags Chinese insurers

Tag: Chinese insurers

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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Banking

China Loosens Regulations Governing Foreign Invested Banks and Insurers

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

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

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

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

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

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

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

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

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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...
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Banking

CBIRC Commits to Higher Foreign Investment Ceiling for Chinese Financial Institutions

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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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Most Read

Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

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Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...
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China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

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China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).
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Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

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Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...
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PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

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A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...
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