Kathmandu. In China, the limit of investment by insurance companies in stocks has increased.
The National Financial Regulatory Administration (NFRAI) has increased the investment limit of insurance companies in equities. China’s regulator has said that the limit on investment in shares from the insurance fund of the insurer has been increased to raise capital for the real sector and increase investment mechanisms.
According to a report published in Insurance Asia, the investment limit has been increased by up to 5 percent for some insurance companies. Chinese regulators have taken this step as a strategic investment to promote industry and sector in the productive sector in the future.
China’s regulator has said it will continue to change policy arrangements to use the insurance funds for the development and expansion of sectors that contribute to the country’s economy in the long run. – Agency
