|
||||||||||||||||||
Data:2009-12-12 2:34
Prior to 1995: State of the problem is not related to the use of insurance capital requirement.
1995: "Insurance Law" enacted to require insurance companies to use the funds is limited to bank deposits, the sale of government bonds, financial bonds and the country
Department of State, other funds provided for the use of forms. Insurance funds and the use of funds for specific projects a specific percentage of its total funds from the Insurance Regulatory body requirements.
1999: China Insurance Regulatory Commission promulgated "insurance companies and corporate bonds, the central management approach" and the "insurance companies Interim Measures for Securities Investment Fund Management", approved by insurance companies invest in corporate bonds and funds.
December 2002: China Insurance Regulatory Commission announced the cancellation of "investment securities investment funds, insurance companies eligible for examination and approval" and the "insurance investment securities investment funds approved investment ratio"
June 2003: Insurance Regulatory Commission promulgated the "Interim Measures insurance companies to invest corporate bonds," bonds on the relaxation of insurance funds invested enterprises
June 2003: China Insurance Regulatory Commission will be insurance funds investment funds and corporate bonds were raised to total assets ratio of 15% and 20%, and reduced to the level of investment in corporate debt ratings
February 2004: The State Council issued "on promoting the capital market reform and opening up and stable development of a number of opinions", which for the first time clearly stated, "support of the insurance money to a variety of ways of direct investment capital market."
April 2004: China Insurance Regulatory Commission issued an "insurance risk control guidelines for use of funds (for Trial Implementation)"
June 2004: China Insurance Regulatory Commission issued "on the adjustment of investment banks, insurance companies subordinated bonds, bank subordinated debt and corporate bonds on a regular basis the proportion of the notice."
June 2004: State Administration of Foreign Exchange Ma Delun, deputy director said that the country had agreed in principle approval of overseas investment of insurance capital markets, foreign exchange bureau is currently working with the China Insurance Regulatory Commission to develop specific implementation plans.
July 2004: China Insurance Regulatory Commission issued the "on the insurance companies of convertible bonds, notice of the matter."