News China24 May 2024

Big life insurers more likely to gain from relaxed bancassurance rules, per Fitch

| 24 May 2024

The removal of a restriction that limits the number of Chinese insurers allowed to cooperate with a commercial bank branch to a maximum of three will benefit life insurers' new business sales in the bancassurance channel, particularly for those with more recognisable brands, says Fitch Ratings.

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