CPIC: Deepening Presence in the Greater Bay Area to Promote Its Connectivity and Integration

Yahoo Finance08:00

Three insurance companies have been approved to issue bonds worth 39 billion. Insurance companies have replenished a total of 117.5 billion yuan this year, slightly exceeding last year's total.

① On the same day, the Financial Regulatory Bureau disclosed that the perpetual bonds or capital supplement bonds issued by Ping An Life, China Postal Insurance, and China United Property Insurance have been approved, with a cumulative approved issuance scale not exceeding 39 billion yuan; ② The demand for "blood replenishment" in the Insurance Industry remains significant within the year. As of December 20, the cumulative issuance scale of capital supplement bonds and perpetual bonds by Insurance Institutions has reached 117.5 billion yuan, slightly higher than the total for last year.

cls.cnDec 20 21:27

Promoting finance for the people, China Pacific Insurance Wuxi Consumer Protection Demonstration Zone sets sail again.

Finance for the people, building a harmonious Community together. To fully popularize financial policies and serve the people, let the "Party building + Consumer Protection" joint activities create features and achieve fruitful results, further enhance the political, ideological, and action consciousness of upholding and developing the "Fengqiao Experience" in the new era, on December 17th, China Pacific Insurance Property and Life Insurance Wuxi Branch and the Changqing Road Community of Beida Street in Liangxi District, Wuxi City jointly held the Party building joint construction and the plaque unveiling ceremony of the Insurance Dispute Resolution Work Station, along with the "Set Sail Again" event for the China Pacific Insurance Wuxi Consumer Protection Demonstration Area. China Pacific Insurance Property and Life Wuxi Branch collaborates with the Changqing Road Community of Beida Street in Liangxi District, Wuxi City.

China InvestorsDec 20 19:44

Express News | The National Financial Supervision and Administration Bureau has published matters regarding the extension of the regulatory rules for Insurance company solvency supervision (II) transitional period.

BreakingsDec 20 17:36

The National Financial Regulatory Administration: Insurance companies engaging in Private Equity investment must pay attention to risks such as asset-liability mismatches.

The National Financial Regulatory Administration has formulated and issued the "Guidelines for the Application of Internal Control in Insurance Fund Operations (No. 4 - No. 6)", which mentions that when insurance companies engage in Private Equity, real estate investments, and financial product investments, they must at least pay attention to risks such as asset-liability mismatch risk, credit risk, market risk, liquidity risk, legal compliance risk, and operational risk. Furthermore, insurance companies should comply with relevant laws and regulations and regulatory requirements, establish a control mechanism for related party transactions covering underlying Assets, fulfill responsibilities related to the approval and information disclosure and reporting of related party transactions, and prevent Shareholders, actual controllers, Directors, supervisors, and senior management from exploiting related party transactions.

AASTOCKSDec 20 16:09

Taipei Assets in Hong Kong manage assets exceeding 75 billion yuan.

China Pacific Insurance (02601.HK) stated that China Pacific Investment Management Hong Kong (Pacific Asset Management Hong Kong), as the group's only overseas investment platform, has fully seized business opportunities in the Hong Kong market in recent years, expanded the variety of asset coverage, strengthened the construction of cross-border channels, and enriched the product system. Currently, the total managed asset scale has exceeded 75 billion yuan, with third-party asset management scale approaching 10 billion yuan.

AASTOCKSDec 20 15:26