China broadens investment options for insurers

China’s insurance regulator has widened investment options for the country’s insurers, allowing them to trade index futures and financial derivatives at home and expand their investment scope abroad.

The move is the latest in a series of rule changes by the China Insurance Regulatory Commission (CIRC) this year to help diversify investments by insurers, which are suffering from a wobbly domestic stock market that slumped 22 per cent in 2011.

via Business feed http://www.scmp.com/business/banking-finance/article/1067944/china-broadens-investment-options-insurers