China insurance regulation News

U.S. Insurer, Tech, Business Groups Balk at China’s Rules on Insurance Cybersecurity

Business groups from the U.S. and around the world protested planned cybersecurity rules for the insurance industry in China in a letter to the head of the nation’s insurance regulator. The draft regulations may create obstacles to international trade, according …

China Insurance Regulator Warns Insurers on Investments in Debt

Chinese insurers face increasing risks from their investments in property and local government debt as the nation’s economic growth slows, according to a senior regulatory official. The China Insurance Regulatory Commission will focus more on risk prevention, and seek to …

Moody’s: China’s P/C Insurers to Benefit from Shanghai Free Trade Zone

The new Shanghai free trade zone should benefit property/casualty insurers, particularly those in marine/cargo and liability insurance, according to Moody’s Credit Outlook. On Sept. 29, the date that Shanghai’s municipal government’s launched its free trade zone, the China Insurance Regulatory …