New rules mean mainland insurance companies are now allowed to buy stakes in more than one competing peer. Photo: Bloomberg New rules mean mainland insurance companies are now allowed to buy stakes in more than one competing peer. Photo: Bloomberg
New rules mean mainland insurance companies are now allowed to buy stakes in more than one competing peer. Photo: Bloomberg

Insurance reform in China to lead to consolidation of industry

Reforms ease regulations on mergers and acquisitions, allowing some of the weaker companies to exit the market in an orderly manner

New rules mean mainland insurance companies are now allowed to buy stakes in more than one competing peer. Photo: Bloomberg New rules mean mainland insurance companies are now allowed to buy stakes in more than one competing peer. Photo: Bloomberg
New rules mean mainland insurance companies are now allowed to buy stakes in more than one competing peer. Photo: Bloomberg
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