Insurance News

BEIJING -(Dow Jones)- The China Insurance Regulatory Commission will cut or cancel the supervisory fees it charges insurers for certain insurance services, the National Development and Reform Commission and the Ministry of Finance said Monday.

BEIJING -(Dow Jones)- The China Insurance Regulatory Commission will cut or cancel the supervisory fees it charges insurers for certain insurance services, the National Development and Reform Commission and the Ministry of Finance said Monday.

BEIJING -(Dow Jones)- The China Insurance Regulatory Commission will cut or cancel the supervisory fees it charges insurers for certain insurance services, the National Development and Reform Commission and the Ministry of Finance said Monday.

BEIJING -(Dow Jones)- The China Insurance Regulatory Commission will cut or cancel the supervisory fees it charges insurers for certain insurance services, the National Development and Reform Commission and the Ministry of Finance said Monday.

BEIJING -(Dow Jones)- The China Insurance Regulatory Commission will cut or cancel the supervisory fees it charges insurers for certain insurance services, the National Development and Reform Commission and the Ministry of Finance said Monday.

BEIJING -(Dow Jones)- The China Insurance Regulatory Commission will cut or cancel the supervisory fees it charges insurers for certain insurance services, the National Development and Reform Commission and the Ministry of Finance said Monday.

BEIJING -(Dow Jones)- The China Insurance Regulatory Commission will cut or cancel the supervisory fees it charges insurers for certain insurance services, the National Development and Reform Commission and the Ministry of Finance said Monday.

BEIJING -(Dow Jones)- The China Insurance Regulatory Commission will cut or cancel the supervisory fees it charges insurers for certain insurance services, the National Development and Reform Commission and the Ministry of Finance said Monday.

Private life insurance majors, such as Max New York Life (MNYL), MetLife, Aviva and DLF Pramerica, are increasingly shifting their focus from equity markets and corporate bonds to central government securities (g-sec) amidst global economic uncertainty.

The Union Government’s recent approval to the insurance Bill, which proposes, among other things, to raise the cap on foreign direct investment (FDI) to 49 per cent from 26 per cent for private sector insurance companies, is expected to bring around Rs 7,000 crore into the industry, according to industry representatives.