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China Insurance Regulator to Designate Local Systematically Important Insurers
25 April 2016
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China’s insurance regulator will designate a list of Chinese “systematically important insurers” (“SIIs”) and issue a series of regulations to supervise SIIs.
It is believed that the Chinese SII regulation would be in addition to international regulation for “global systematically important insurers”, as well as the recently enacted C-ROSS solvency regulation for Chinese insurers generally.
E. Drew Dutton
James C. Scoville
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