Saturday, February 24, 2018

Anbang's takeover not a surprise - Victor Shih

Victor Shih
The decision by China's insurance supervisor (CIRC) to take over Anbang, did not come as a surprise, says financial analyst Victor Shih to the Washington Post. The move will “inject a dose of confidence,” he added.

The Washington Post:
Though the political implications of his ouster are still unclear, analysts see the move as a way to shore up confidence in the company and signal tighter regulation to come. 
“The China Insurance Regulatory Commission’s stewardship is not totally surprising because Anbang Life still has millions of policies outstanding and may face liquidity problems if policyholders defected en masse,” said Victor Shih, an associate professor at the University of California at San Diego’s School of Global Policy and Strategy. The move will “inject a dose of confidence,” he added.
More at the Washington Post.

Victor Shih is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers' request form.

Are you looking for more financial analysts at the China Speakers Bureau? Do check out this list.  
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