Econ and Finance - 30 Jun 2017

Regulatory storms rain down on insurance companies

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Speaking of tighter regulatory scrutiny…

Data now show that revenue and profits at China’s insurance companies plunged in May thanks to a crackdown on certain types of life insurance products.

Anbang took the worst of it (Caixin):

“The regulatory measures have been hurting Anbang...

Snuh-ohez.

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