December 17, 2008

Insurance: insurance agencies to adhere to long-term investment

Reporters learned yesterday from the China Insurance Regulatory Commission Web site, the relevant departments in charge of the China Insurance Regulatory Commission recently said that the insurance sector to adhere to long-term investment, the value of investments of institutional investors to play a role in the stability operation, to support the stable development of capital markets. This is the China Insurance Regulatory Commission in charge of relevant departments on the use of insurance funds supervision policy to respond to Britain's "Financial Times" and other media to make the above statements.

The above-mentioned person in charge also stressed that the U.S. financial crisis on China's financial markets have had a certain impact. Stability in the economic, financial and capital markets, is an important task. Insurance funds have long-term investment characteristics of insurance agencies to adhere to long-term investment, the value of investments of institutional investors to play a role in the stability operation, to support the stable development of capital markets. Insurance institutions in accordance with market principles of operation, insurance regulators in accordance with the law in accordance with regulatory supervision. On the stability of the capital markets a variety of initiatives, the China Insurance Regulatory Commission has always adopted a positive attitude to support.

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