News China22 Nov 2019

Insurers barred from underwriting credit insurance in 5 areas

| 22 Nov 2019

The CBIRC is planning to revise regulations covering credit and guarantee insurance in order to strengthen supervision over these classes of business. To this end, the regulator has issued a draft of its revised "Regulations on the Supervision of Credit Insurance and Guarantee Insurance Business" to seek feedback from the industry.

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