Life Insurance Companies are about to implement a new version of regulatory data standardization norms, requiring strict implementation of data management responsibilities.
Recently, the Financial Regulatory Bureau issued a notice to all financial regulatory agencies, life insurance companies, and the Bank Of China Insurance Information Technology Management Co., Ltd., regarding the "Insurance Industry Regulatory Data Standardization Norms (Life Insurance Company 2024 Edition)".
It is reported that the "Notice" aims to further promote the construction of systematic regulatory technology capabilities, leveraging standardized regulatory data to effectively prevent financial risks, enhance corporate governance levels, and facilitate the compliant development of the life insurance industry.
Many insurance companies seek new shareholders, but face difficulties in completing transactions.
According to information from the Peking Property Exchange on December 16, 24% of the equity in Bank of China Samsung Life Insurance Co., Ltd. is intended for transfer.
This reflects a snapshot of equity changes in insurance companies this year. Excluding equity changes caused by proportionate capital increases, 28 insurance companies have undergone equity changes this year, while 15 insurance companies are still seeking new buyers, and subsequent equity changes are likely to occur.
Industry insiders believe that there are multiple reasons for equity changes in insurance companies. For insurance companies, the most important thing is to maintain stable operations, adhere to long-termism, and seek better development. (Securities Daily)
Bullish on two major Sectors, insurance funds are expected to increase allocation to equity Assets.
Recently, multiple Insurance Institutions expressed in interviews with Shanghai Securities Journal that as the country increases macro-control efforts and under the protective measures of policy "combinations," confidence in the equity market will continue to recover, allowing for timely allocation to equities, especially being Bullish on the high dividend and Technology growth Sectors. (Shanghai Securities Journal)
