• Government support gives China's insurance sector a boost Date:2014-09-05

    Chinasinsurancesectorisbackinthespotlightthankstoaliftfromagovernmentpackageofsupportivepoliciesfortheindustry.Newlyreportedearningsofthemajorinsurersshowhighernetprofitsthanayearago.Butunderlyingconcernsandrisksremainforthesector. WillChina...

  • State Council issues guidelines to accelerate insurance services development Date:2014-08-14

    Chinasinsurancesectorwillenjoypolicysupportby2020.ThatsaftertheStateCouncilissuednewpolicyguidanceTuesdaytoacceleratethedevelopmentofmoderninsuranceservicesinChina.CCTVspoketoWangZuji,thevicechairmanofChinastopinsurancemarketregulator,aboutw...

  • China Regulator Mulls Tighter Controls on Life Insurers Date:2014-07-23

    Chinas insurance regulator is considering new measures that will brake firms capacity to launch life insurance plans in the rapidly growing industry as part of moves to reduce the risk of defaults in the sector, local media reported on Tuesd...

  • Total Assets of Insurance Industry Breaking Through RMB9 Trillion Yuan Date:2014-06-26

    China insurance regulatory commission disclosed that the total assets of insurance industry has broken through RMB9 trillion yuan at the first time up till this May and the specific amount is RMB9043,819 billion yuan with growth of 9.11% compared with...

  • Deposit Insurance System Accelerating Its Establishment Date:2014-06-25

    Vice president Liu Shiyu of People’s bank of China stated that“accelerating the establishment of deposit insurance system, studying financial institution bankruptcy regulations, enforcing market exit of unlawful, maladministered and insolvent fina...

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