Chinese insurers likely to ignore investment advice from regulator CBIRC: Fitch

30-01-2019

Chinese insurers likely to ignore investment advice from regulator CBIRC: Fitch

iStock/ Ma-no

Chinese insurers are unlikely to dramatically alter their investment strategies or modify their asset allocations despite recent encouragement from the China Banking and Insurance Regulatory Commission (CBIRC) to invest their long-term funds in high-quality listed stocks and bonds, long-term equity investments, and securities brokerage firms' asset management plans and trust products, according to Fitch Ratings.


CBIRC, Fitch, Investment, Risk Management, Liability Insurance, Xiao Yuanqi, Asia Pacific

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