The government is considering letting foreigners own more than 51 per cent of life insurers, to the extent of allowing them to be wholly foreign-owned. Photo: SCMP handout

China said to be considering easing stake restrictions for foreign life insurers

Regulator may allow wholly owned subsidiaries by foreign insurers, in biggest shakeup of the domestic industry in almost two decades

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The government is considering letting foreigners own more than 51 per cent of life insurers, to the extent of allowing them to be wholly foreign-owned. Photo: SCMP handout
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