Regulations likely to benefit China's insurers

Despite riskes S&P says that investment abroad opportunities will probably enhance the China insurance sector.

Regulatory changes regarding foreign investment are likely to benefit the position of China’s emerging life insurance industry, according to Standard Poor’s. With the recent news that Ping An Insurance, the country’s largest life insurer by gross premium, has obtained formal approval to invest $1.75 billion outside of the mainland, the rating’s agency stresses that the industry is expected to see benefits over the long term in terms of investment diversification and improved performance.

Although SP...

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