The China Insurance Industry Commission is stepping up regulation of the insurance industry , and strengthening regulatory scrutiny of companies ' share - ownership structure and the authenticity of their funds . Reporting by Ben Blanchard and Stella Qiu; Editing by Nick Macfie The move followed a crackdown on what the commission saw as the overuse of universal life insurance by some insurers .
The China Insurance Industry Commission is stepping up regulation of the insurance industry , and strengthening regulatory scrutiny of companies ' share - ownership structure and the authenticity of their funds . The move followed a crackdown on what the commission saw as the overuse of universal life insurance by some insurers .