China insurance regulator examines domestic insurers' risk profiles

News

The China Insurance Regulatory Commission (CIRC) is reviewing the asset management accounts and practices of domestic insurance companies after it told them to report the value-at-risk of their portfolios.

The insurance industry regulator is concerned about the risk exposure of domestic insurers, following months of rapid growth in investment-orientated policies and a consequent sharp rise in the risk profile of the insurance companies, sources say.

Separately, a draft of the revised Insurance Law

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