Yesterday the China Insurance Regulatory Commission issued a statement flagging what it sees as key risks for the industry, after admitting failing to properly address malpractice.
Tag : china insurance regulatory commission
Though curbs on mainland insurance firms investing overseas have been relaxed, return expectations and restrictions on derivatives are seen as hurdles to flows into multi-asset strategies.
A move to allow insurers to outsource investments offers a key growth channel for domestic asset managers and looks set to stir competition for mandates.