News China02 Jun 2023

Rules set to be issued soon for international reinsurance trading market in Shanghai

| 02 Jun 2023

China's new financial regulator, the National Financial Regulatory Administration (NFRA), has announced that it will soon issue rules to support the establishment of the Shanghai International Reinsurance Centre and open a global international reinsurance trading market (referred to as "Reinsurance International Board") in Shanghai. The overall goal is to promote Shanghai as an international financial centre.

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