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Prospect News home > News index > List of issuers C > Headlines for China Life Reinsurance Co. Ltd. > News item
Published on 8/23/2023 in the Prospect News Emerging Markets Daily.

China Life Reinsurance gets OK to sell RMB 5 billion 10-year bonds

By Mary-Katherine Stinson

Lexington, Ky., Aug. 23 – China Reinsurance (Group) Corp. subsidiary China Life Reinsurance Co. Ltd. obtained regulatory approval to issue up to RMB 5 billion of 10-year redeemable capital supplementary bonds in China’s interbank bond market, according to a market announcement on Wednesday.

The company said it is issuing the bonds to further improve its solvency and for the steady development of its business.

The reinsurance company is based in Beijing.


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