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CIRC extends its incentive policies for insurance sector to new FTZs, following Shanghai’s lead

( April 15, 2015, 09:29 GMT | Official Statement) -- MLex Summary: The China Insurance Regulatory Commission has decided to extend its 11 incentive policies for the insurance sector that it initially introduced into the Shanghai Pilot FTZ to three newly-established FTZs in Fujian, Tianjin and Guangdong, the CIRC said in a statement Wednesday. The policies are aimed at promoting innovation across a range of areas in the insurance sector, including management systems for insurance products, and also to introduce a pilot program for outbound investment.The regulator’s statement follows:...

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