trending Market Intelligence /marketintelligence/en/news-insights/trending/5EcSQmuAHtUOEO0tNe6yxg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Report: China's insurance regulator to inspect Anbang

Infrastructure Issues: Tools to Dig Deep on Potential Risks

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report


Fintech Funding Flows To Insurtech In February

Report: China's insurance regulator to inspect Anbang

China's insurance regulator has turned its attention toAnbang Insurance GroupCo. as the regulator tightened oversight on insurers' real estateinvestments and unlisted equities, Bloomberg News reported May 9, citing"a person with knowledge of the matter."

The China Insurance Regulatory Commission is planning tosend a team to inspect Anbang, said the person. The regulator had previously announcedthat it will be stricter in supervising insurers' deal making, noting thatproperty acquisitions could increase liquidity and asset-liability mismatchrisks.

It was not clear which part of Anbang's business inspectorswould focus on. The CIRC is said to be trying to get a better understanding ofAnbang's business, China's Caixin reported.

A press official at CIRC did not immediately comment, whilean Anbang press official told Bloomberg that the company did not know of anyinspection.