On March 11, CISFC Chairwoman Yu Hua welcomed a delegation from De Nederlandsche Bank (DNB) led by its Executive Director and Chair for Prudential Supervision Else Bos. CISFC Deputy General Manager Wei Zhuyong, persons-in-charge from the Risk Resolution and Legal Affairs Department and the Research & International Cooperation Department also attended the meeting.
After a brief introduction of China’s insurance security fund and CISFC, Chairwoman Yu discussed CISFC’s equity investment in Anbang Insurance Group and its role in Anbang’s governance structure. Ms. Bos appreciated CISFC’s positive function in preventing risks facing China’s insurance industry and resolving Anbang’s risk. They also exchanged views on the new characteristics and development trends of international insurance industry.