The China Insurance Regulatory Commission, said on its website on Thursday that Chinese insurers' investment in corporate bond can be as much as 40% of their assets, compared with 30% previously. The insurance regulator said bonds that insurers invest in of large-size state-owned enterprises or Hong...
China Minsheng Banking Corp Ltd<600016>, the first privately owned bank in the country, has received approval from the China Securities Regulatory Commission, the country's top securities regulator, to launch an initial public offering on the Hong Kong Stock Exchange, sources familiar with the matter said...
Jan. 6, 2009 (China Knowledge) - The China Insurance Regulatory Commission has launched a new classification and supervision system for insurance companies and agencies, effective from Jan. 1, 2009, according to the statement made by...
China Pacific Insurance (Group) Co<601601>, the country's third-largest life insurer by premiums, obtained approval from the China Insurance Regulatory Commission to buy 113.5 million shares or a stake of about 20% in Changjiang Pension Insurance Co, according to a statement released by the CIRC...
China Insurance Regulatory Commission (CIRC), the nation's insurance watchdog, has taken over China United Property Insurance Co Ltd (China United), the fourth largest domestic non-life insurer in terms of premiums, sources reported....
BEIJING, April 8 - China's eight big insurance groups must thoroughly check their underlying operating conditions for any signs of problems, in order to avoid systematic risks, the industry's regulator said on Wednesday. The insurance...
* Q3 profit excluding items $0.16 beats -$0.01 view * Q3 revenue $570.6 mln beats $561.6 mln analyst view * NYT media group circ rev beats ad rev for first time * Boston Red Sox...
The China Insurance Regulatory Commission, the nation's insurance watchdog, on Monday said that insurance firms had invested a total of RMB 74.95 billion in infrastructure by the end of June.The figure reflects an increase of RMB 21 billion or nearly 40% from the beginning of this year, said CIRC in a...
By Wang Xinyuan Recent regulatory approval for investment-linked insurance (ILI) products was most likely encouraged by the improvement of China鈥檚 stock market, according to analysts. China Insurance Regulatory Commission (CIRC) issued approval Tuesday for four life insurance companies to esta...
China Reinsurance (Group) Co, the biggest insurance company in Asia, has raised its stake in China Continent Property & Casualty Insurance Co Ltd to 96.5% by acquiring shares from nine shareholders, the Shanghai Securities News reported on Monday.China Insurance Regulatory Commission (CIRC), the...