Increase of the cap of equity investments
The Chinese Insurance Regulatory Commission (CIRC) has issued new rules that allow insurers to invest up to 30% of their assets in the stock markets and private equity. This investment limit was previously set at 25%.
Note that the total assets managed by Chinese insurance companies was 1.36 trillion USD in 2013.
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Thu, 20/02/2014 - 17:18
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