CIRC’s new ALM rules to force change on smaller insurers
Analysts believe China's insurance regulator's scoring of how well insurers manage their assets and liabilities could prove costly for some, but should improve the industry's health.
The Chinese insurance regulator’s introduction of an overarching framework to reduce insurers’ asset-liability management (ALM) risk is set to drive up compliance costs for some market players but should help prevent systemic risk in the financial system, say analysts.
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.