China Supports Reinsurance Institutions' Capital Expansion and Debt Instruments

China's financial regulator and Shanghai government issued measures today to accelerate the development of Shanghai as an international reinsurance center. The guidelines support reinsurance institutions in increasing capital through equity expansion and issuing capital supplementary instruments, aiming to enhance both internal capital accumulation and external capital supplementation capabilities. The measures also encourage the insurance industry to concentrate its underwriting capacity in support of major national projects, emerging industries, and livelihood protection initiatives, while leveraging reinsurance professionals' technical expertise to strengthen risk mitigation services across the sector.
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