• Wednesday
  • November 26, 2014
  • Last updated: 7:34am
Hong Kong




Refine Your Search

Sort by

Related Keywords


Search Results

Results 1 - 10 of 5672 for china insurance regulatory commission

Related topics matching your search

Search results

  1. Business - China Business - INSURANCE

    Mainland insurance regulator bearish on industry

    Posted Jan 26th 2013, 12:00am by Kwong Man-ki in

    ... industry," the China Insurance Regulatory Commission said in a statement on Thursday after an annual work conference. The downside risk to the global economy would make the operating environment for the mainland's insurance industry more uncertain, Xiang Junbo, the commission's chairman, told the conference. Lower investment returns and rising costs were also challenges for insurers, Xiang ...

  2. Business - China Business - INSURANCE

    CIRC mulls lifting ceiling on payouts for life policies

    Posted Apr 24th 2013, 12:00am by Bloomberg

    ... The China Insurance Regulatory Commission might scrap the 2.5 per cent maximum rate on fixed-return policies in a trial starting as early as next month, the source said, speaking anonymously. ... that returns on policies will rise to close to the five-year bank deposit rate of 4.75 per cent. Offering higher returns may also crimp profits in the industry. China Life Insurance, the country's ...

  3. Business - Money - INSURANCE

    Mainland insurers win nod to invest in financial derivatives for hedging

    Posted Oct 24th 2012, 12:00am by Daniel Ren

    ... Mainland insurers have been given permission to invest in financial derivatives, including stock index futures, which could help them hedge against a downturn in the stock market. The China Insurance Regulatory Commission (CIRC) has widened investment channels for insurers, many of which are suffering from a bearish stock market. The regulator said in a new rule governing ...

  4. CIRC to lift stake in insurer to 30pc

    Posted Aug 03rd 2007, 12:00am by Nevin Nie

    ... Nevin Nie The country's insurance regulator is to increase its stake in New China Life Insurance to more than 30 per cent as it continues to cover funds misused by the company's former chairman. The China Insurance Regulatory Commission will pay 576.7 million yuan for the 8.024 per cent stake still held by Oriental Group, one of the original shareholders of New China ...

  5. Business - China Business - BUSINESS DIGEST

    Business Digest, December 6, 2012

    Posted Dec 06th 2012, 12:00am

    ... Chinese insurers freer to invest in banks The China Insurance Regulatory Commission has abolished a rule limiting insurance firms' investments in commercial banks as insurers get more freedom to manage risks. Insurers were limited to investing in at most two banks if their ownership exceeded 5 per cent under rules published in 2006, when a ban on insurance firms expanding ...

  6. Close watch on aid from overseas Chinese

    Posted Jun 03rd 2008, 12:00am by Cary Huang

    ... week, the Central Commission for Discipline Inspection, the party's watchdog, and four ministries issued a joint circular calling for better supervision and management of funds and supplies ...

  7. New insurance legislation seeks to tighten regulation, overhaul sector

    Posted Mar 02nd 2009, 12:00am by Denise Tsang

    ... Denise Tsang The mainland has passed legislation that introduces sweeping changes aimed at overhauling the insurance sector, which is troubled by claim disputes. The new legislation gives the China Insurance Regulatory Commission (CIRC) greater power in regulating insurers' capital level, management compensation, and investment of insurance premiums. Analysts widely expect ...

  8. CIRC to let small insurers buy infrastructure debt

    Posted Aug 05th 2008, 12:00am by Staff Reporter

    ... projects by buying up debts, according to an industry source. The China Insurance Regulatory Commission said it would allow qualified insurers to engage in infrastructure debt financing, the source said. So far, only four large insurers- Ping An Insurance (Group), China Pacific Insurance, Taikang Insurance and Tai Ping Insurance- have been permitted to buy into the 16 billion yuan ...

  9. Business - China Business - ANALYSIS

    HSBC and Ping An stand to lose if CP deal flops

    Posted Jan 09th 2013, 12:00am by George Chen, Ray Chan

    ... An Insurance would be a lose-lose culmination to a decade-long relationship between Europe's biggest bank by assets and the mainland's No 2 life insurer. The South China Morning Post learned from people close to the China Insurance Regulatory Commission (CIRC) that the watchdog was poised to reject a US$9.4 billion bid by Charoen Pokphand Group (CP), a Thai conglomerate, to buy ...

  10. Property may be the best policy for foreign firms

    Posted Feb 27th 2012, 12:00am

    ... to foreign firms, which currently hold just a 1 per cent share of the mainland's property and casualty insurance market. Data from the China Insurance Regulatory Commission, published by Xinhua, ... and these geographic restrictions will hamper their growth, Lynn Yang, a partner with law firm Norton Rose, said. 'The China Insurance Regulatory Commission is not likely to fast-track approvals ...




SCMP.com Account