How long before Chinese insurers venture offshore?
Uncertainty over the RMB exchange rate and ‘embarrassing’ A-share volatility is forcing insurers’ hands, hears an AsianInvestor forum. Panellists mull when they will move offshore?
The volatility of the A-share market has become an embarrassment and together with renminbi devaluation is driving Chinese insurers out of their comfort zone and into global markets, an AsianInvestor forum heard.
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