C-ROSS
Chinese insurance regulatory framework
From Wikipedia, the free encyclopedia
C-ROSS, short for China Risk-Oriented Solvency System, is a regulatory framework created by the China Insurance Regulatory Commission (CIRC) that governs the insurance industry in China. It was implemented in 2016.[1][2][3]
In 2022 C-ROSS II was implemented, strengthening the provisions of the existing C-ROSS, particularly around the areas of risk metrics for morbidity and interest rates.[4]
