Credit bubble to grow under Chinese insurance hybrid bond plan

Over-leveraged Chinese insurers will be allowed to tap capital markets on a group level in a bid to help boost their capital base, further triggering the risk of a credit bubble, say experts.

  • 25 Jan 2013

China's insurance regulator will allow insurance groups or their holding companies to issue subordinated debt in the near future, potentially creating credit risks given that these institutions are already over-leveraged.

The China Insurance Regulatory Commission (CIRC), the country’s insurance authority, is getting rid of fundraising rules that prevent the ...

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4 Standard Chartered Bank 24,311.57 151 6.11%
5 Deutsche Bank 21,898.85 77 5.50%

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5 Bank of America Merrill Lynch 4,165.66 17 6.51%

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5 HSBC 9,244.84 41 6.95%

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5 Credit Suisse 1,802.80 1 6.44%

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