Three hundred and eighty-nine products with an estimated sales volume of CNY38.06 billion (US$5.3 billion) were added to the SRP China database in September.
A further 418 products with a combined volume of CNY43.1 billion struck during the month while 724 products, which sold CNY78.06 billion at inception, reached maturity. The China Banking and Insurance Regulatory Commission (CBIRC) issued interim supervisory rules on asset and liability management for insurers. The new rules will promote insurance companies’ capability in asset and liability management, prevent the risk of asset-liability mismatch, and help guide the transforma
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