China Insurance Regulatory Commission, Circular on Matters Relevant to the Investment of Insurance Capital in Preference Shares

中国保险监督管理委员会关于保险资金投资优先股有关事项的通知

November 10, 2014 | BY

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Insurance proceeds allowed to be invested in preference shares.

Share:

Issued: October 17 2014

Effective: as of date of issuance


Applicability:
For the purposes of this Circular, the term “preference shares” includes publicly offered preference shares and privately offered preference shares (Article 1).


Main contents:
Preference shares in which insurance capital is invested shall have a long-term credit rating of at least A