Participation in financial derivatives trading by insurance proceeds is for hedging purpose only.
January 10, 2013
Insurance Law
Insurance capital may now invest in 25 developed markets and 20 emerging markets. The amount allowed to be invested in emerging markets has also increased from not exceeding 5% of last year end's total assets to 10%. Investment instruments allowed include money market instruments, fixed-return instruments, equity, immovable property, investment funds and REITs.
January 03, 2013Housing and travel allowances of foreign expatriates of insurance companies may be excluded from their bonus limits.
December 17, 2012For the first time insurance proceeds are allowed to be invested in wealth management products of commercial banks, credit asset-backed securities of banking financial institutions and pooled fund trust plans of trust companies.
December 14, 2012Insurance asset management companies may be entrusted to manage the funds of pension fund, enterprise annuity and housing fund.
November 27, 2012Investment-linked insurance proceeds not restricted by the 25% threshold.
November 12, 2012Critical illness insurance business allowed only modest profits.
November 12, 2012Shareholders may not sell privately offered bonds to insurance companies that they control.
September 12, 2012Guidelines require deferred payment of bonuses of senior management personnel of insurance companies.
September 12, 2012A single private insurance shareholder may hold a stake of more than 20%.
September 11, 2012