Chinese insurers’ PE investment scope to further relax - CIRC
China Insurance Regulatory Commission (CIRC), the Chinese insurers’ regulator, is looking to raise the cap on industry players’ exposure to private equity to 20%-30% of total assets.
Currently, insurers are allowed to put up to 10% of their total assets into private equity following a decison to raise the cap from 5% last year. However, only 4.61% of total assets across the industry,...
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