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China insurance regulator tightening licence issuance: sources
CIRC wants to reduce risks from aggressive business and investment practices
Published Thu, Dec 22, 2016 · 09:50 PM
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Hong Kong
CHINA'S insurance regulator is making it much tougher for insurers to get new licences as it seeks to reduce risks resulting from the aggressive business and investment practices of some players, said three people with knowledge of the matter.
Concerns about the kinds of asset purchases and trading conducted by some insur…
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