News list for " insurance"
On March 29th, it was learned from the industry that in order to do a good job in evaluating the protection status of securities firms' investors, China Securities Investor Protection Fund Co., Ltd. recently conducted a special project survey for various securities firms to comprehensively understand the implementation of securities firms' investor protection work. The survey focuses on two aspects: one is the survey of securities firms' insurance status, which mainly collects investors' subject...
Tabit Insurance, an insurance company founded by former Bittrex executives, has raised a $40 million reserve fund made up of bitcoin for traditional insurance and reinsurance business. Tabit Insurance is understood to provide bitcoin-backed liability insurance and is a regulated risk underwriter that relies on bitcoin reserves to develop traditional insurance denominated in dollars. The company has a Tier 2 insurance license issued by the Financial Services Commission of Barbados.
由 Bittrex 前高管创立的保险公司 Tabit Insurance 完成募集 4000 万美元储备金，这笔资金由比特币组成，用于开展传统保险和再保险业务。据悉，Tabit Insurance 主要提供比特币支持的责任保险，也是一家依赖比特币储备来制定以美元计价的传统保险的受监管风险承保机构，该公司拥有巴巴多斯金融服务委员会颁发的 2 级保险执照。
Hong Kong stocks closed, the Hang Seng Index closed up 2.12%, the Hang Seng Technology Index closed up 2.31%, domestic insurance stocks performed strongly, Xinhua Insurance (01336.HK) closed up 11.35%.
Class A share Hong Kong stock insurance sector are strong pull, Xinhua Insurance rose nearly 4%, Xinhua Insurance (01336.HK) rose nearly 7%, Tianmao Group, China Ping An rose more than 2%, China Reinsurance (01508.HK) rose nearly 6.5%, China Life (02628.HK) rose more than 5.5%, China Ping An (02318.HK), China Pacific Insurance (02601.HK), Sunshine Insurance (06963.HK) rose more than 4%.
The growth enterprises market index fell by more than 1%, and the game, insurance and photovoltaic equipment sectors fell first.
On February 16th, China Agricultural Reinsurance joint stock company announced that its controlling shareholder, the Ministry of Finance, will transfer all its shares in China Agricultural Reinsurance (55.90% of the total share capital) to Central Huijin Investment Co., Ltd. for free. After the transfer is completed, the Ministry of Finance will no longer hold any equity in China Agricultural Reinsurance, and Central Huijin will hold about 55.90% of China Agricultural Reinsurance and become the ...
Soter Insure, a digital asset insurance provider incubated by Further Ventures and WebN Group, completed the A round of financing, led by Galaxy, and participated in the investment by Brevan Howard Digital, Karatage, Token Bay, Pharsalus, etc. The specific investment amount has not been disclosed yet. Soter Insure mainly provides digital asset insurance products in the Web3 market for Financial Institution Group, covering areas such as smart contract failure. The new funds will be used to expand...
According to market news, the Federal Deposit Insurance Corporation (FDIC) plans to revise its cryptocurrency guidelines. The FDIC aims to allow banks to participate in certain cryptocurrency activities, and banks meet with officials to discuss cryptocurrency custody and tokenized deposits.
On February 5th, according to the FDIC's official website, the Federal Deposit Insurance Corporation (FDIC) today released 175 documents related to the supervision of banks participating in or attempting to participate in crypto-related businesses. Acting Chairperson Travis Hill said the FDIC had previously published 25 "suspension" letters received by 24 banks, and the documents released this time included more correspondence from those banks, as well as other banks.
On January 20, the Federal Deposit Insurance Corporation (FDIC) was accused of omitting multiple cryptocurrency-related "suspension letters" sent to banks in a Coinbase-backed Freedom of Information Act (FOIA) lawsuit. History Associates noted in a January 17 report filed in federal court in Washington, D.C., that the FDIC "may have missed other suspension letters" and plans to update the lawsuit based on this. There have been public reports that the FDIC "systematically obstructed FOIA requests...
According to the Financial Times, the outgoing chairperson of the US Federal Deposit Insurance Corporation (FDIC) has warned that the US financial system could pay a "high price" if the Trump administration cuts regulation of banks too aggressively. Martin Gruenberg said: "In the financial sector...
In a recent public speech, Federal Deposit Insurance Corporation (FDIC) Vice Chairperson Travis Hill criticized the FDIC's stance on digital assets and called on banking regulators to issue new digital asset guidelines. Hill, who was appointed to the board by Republicans two years ago, criticized the FDIC's role in pressuring banks to give up crypto customers. "The FDIC's long-term goal is to reduce the number of people who are unbanked," he said.
In a speech delivered on Friday, Travis Hill, vice chairperson of the Federal Deposit Insurance Corporation (FDIC), said the FDIC will take a more "open approach" to technology and called for more guidance on digital assets. It is reported that Travis Hill, who is preparing to serve as acting chairperson of the FDIC and is currently vice chairperson, was nominated as a Republican member of the FDIC in 2022. Travis Hill's remarks come as some in the crypto industry...
On January 10, the reporter learned that the relevant documents on the pricing mechanism of the predetermined interest rate of life insurance products may be issued recently, and the industry expects that the predetermined interest rate of life insurance products will be reduced in the second quarter. An industry insider told the reporter that the upper limit of the predetermined interest rate of the newly filed ordinary insurance products is expected to be reduced from 2.5% to 2.0%; the upper l...
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