China to offer Hong Kong reinsurers preferential treatment for huge BRI premiums

 Dr Moses Cheng

The China Banking and Insurance Regulatory Commission (CBIRC) has agreed to provide preferential treatment to Hong Kong reinsurers as Chinese insurers seek to cede business to the international market and will reveal details of the plan soon, according to the Hong Kong Insurance Authority (IA). During the recent Belt and Road Summit that was organised to explore the immense opportunities from…

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