Insurers to invest more
Insurers to invest more
09:13, August 06, 2010 
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China's insurance regulator will allow insurers to invest up to 20 percent of their total assets in equities, it said Thursday, confirming earlier local media reports.
The China Insurance Regulatory Commission (CIRC) also said that insurers would be allowed to invest in corporate bonds that are not guaranteed by banks, a rule change that analysts have said will help the development of the Chinese bond market. The CIRC also said it would strictly limit insurers from investing in derivative products. The rules will be effective from August 31.
Source: Global Times
The China Insurance Regulatory Commission (CIRC) also said that insurers would be allowed to invest in corporate bonds that are not guaranteed by banks, a rule change that analysts have said will help the development of the Chinese bond market. The CIRC also said it would strictly limit insurers from investing in derivative products. The rules will be effective from August 31.
Source: Global Times
（Editor：黄蓓蓓）
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