Six insurance companies are preparing to issue rights shares to raise a combined total of NPR7 billion (US$67 million).
Risk control will remain a priority in China's insurance sector with planned measures like limiting the share ownership of single share owners, a top CIRC official has said.
Financial Supervisory Commission (FSC) Chairman Wellington Koo has proposed to securitise long-term returns for public projects such as PV power plants and offshore wind-power facilities, according to a report on the website of the American...
Finance Secretary Carlos G. Dominguez III has said that the series of mandated increases in capital requirements for life and non-life insurers should proceed as set out in the insurance law. This is despite an appeal from the insurance industry...
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