China allows insurers to trade index futures, financial derivatives

China’s insurance regulator said on Tuesday it would allow insurers to trade index futures and financial derivatives in the domestic market for the first time. The announcement, which confirmed an earlier report by Reuters, is the latest in a series of rule changes by the China Insurance Regulatory Commission (CIRC) to expand and diversify the types of investments insurers are able to make.

via Business feed http://www.scmp.com/business/money/market-snapshot/article/1067899/china-allows-insurers-trade-index-futures-financial