China Pacific Insurance to Establish Independent Asset-Liability Management Departments at Group and Key Insurance Subsidiaries

Deep News10-28 19:50

On October 28, a financial frontline report stated that China Pacific Insurance (Group) Co., Ltd. (ASX: 601601) held its 2026 third-quarter results briefing.

Management noted that since the release of new asset management regulations, CPIC (ASX: 02601) has internally carried out policy interpretation and study, conducted simulation calculations of various indicators, system development, institutional optimization, and organizational structure adjustments.

Management introduced that the board of directors of CPIC Group has just approved a proposal for the group itself to establish a separate asset-liability management department, and major insurance subsidiaries will also set up independent asset-liability management departments to better assume the responsibilities of asset-liability management for each insurance subsidiary.

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