China insurance watchdog targets solvency

The China Insurance Regulatory Commission (CIRC) this year plans to focus more on monitoring the solvency of Chinese insurance companies and work towards establishing a framework for insurers to diversify their investments into equities and infrastructure projects.

CIRC chairman Wu Dingfu told an industry conference insolvent insurers would be required to increase their capital and restrict salary payments to management and dividends to shareholders, among other remedial measures.

“The next step

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: