Three Chinese insurers reminded to review their investment projects abroad
China Insurance Regulatory Authority (CIRC) urged three local insurers: Ping An, New China Life and China Re Asset Management to reconsider their investment projects abroad. According to CIRC, the investment programs of the afore-mentioned companies do not comply with the regulations in force.
Insurers are left with a deadline of one month starting from the publication date of the official announcement in order to comply with this requirement.
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