
China Insurance Regulatory Commission has suspended Foresea Life Insurance, a unit of financial conglomerate Baoneng Group, from selling "universal life" products, amid a regulatory crackdown and controversy over insurance company’s aggressive moves in the country’s stock market.

UNLOCK DATA
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech
Want to read this important story?
Access thousands of news articles and data posts over the past 9 years!