CIRC Chairman Xiang Junbo News

China Regulators End Insurer Deal Spree, Favoring Risk Managers, over Risk Makers

The revolution in China’s insurance industry that helped unleash about $80 billion of acquisitions started with a whimper and ended with a bang. With little fanfare, China’s top insurance official, Xiang Junbo, in 2012 rolled out rules giving insurers greater …

U.S., China Insurance Regulators Keep Open Dialogue

Regulatory representatives from the U.S. and China met this week to discuss issues facing their respective insurance markets. The meeting was held at the National Association of Insurance Commissioners (NAIC) New York office. According to the NAIC, they discussed retirement …