By Sharon Huang, Wilson Tian, Michael Daly, Paul Sinnott, Wing F. Wong | 13 August 2014
On 25 July 2014, the China Insurance Regulatory Commission (CIRC) released a set of consultation papers on quantitative capital requirement for life insurers under the China Risk Oriented Solvency System (C-ROSS). Life insurers were requested to conduct quantitative tests and submit the results by 11 August 2014.