November 16, 2017 / 9:21 AM / a month ago

China to tighten rules on insurance funds to curb 'chaos': regulator

BEIJING (Reuters) - China will tighten regulations on the use of insurance funds to curb “financial chaos”, a senior official at the insurance regulator said on Thursday.

Ren Chunsheng, director of Insurance Fund Regulation Department at the China Insurance Regulatory Commission, made the remarks at a finance forum in Beijing.

Reporting by Shu Zhang and Se Young Lee; Writing by Cheng Fang

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