9 29: Financial Industry Update – The Insurance Association of China's Committee on Insurance Fund Utilization recently held its third-quarter exchange meeting in Jiangsu. Chaired by Su Gang, Vice President of CPIC Group and Chair of the Committee, the event was attended by Zhang Liang, Member of the Party Committee and Vice President of the Association, who delivered remarks. Chen Housheng, Deputy General Manager of CITIC-Prudential Life Insurance, also gave a welcome address. Representatives from over 3 insurance institutions (totaling more than 50 participants) attended the meeting. The discussion focused on implementing the new regulatory rule "Administrative Measures for Insurance Company Assets and Liabilities." Companies including CPIC Group, Taikang Life Insurance, and Ping An Property & Casualty Insurance shared their practical experiences. The meeting also released statistical analysis results on the regional distribution of insurance fund utilization for the first half of the year.
