24 May 2019

Insurers’ assets under management at 683.3 bln yuan, paper says

Chinese insurers’ assets under management have reached 683.3 billion yuan (US$112.58 billion), with bond assets accounting for 86.7 percent of the total and equity assets accounting for 9.1 percent, the Securities Times reported Thursday, citing Cao Deyun, deputy director of the China Insurance Regulatory Commission’s insurance fund operation department. He said new policies on usage of insurance assets have helped a lot in marketization of the assets. 

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