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]
References
edit- ^ Fung, Derrick W. H.; Jou, David; Shao, Ai Ju; Yeh, Jason J. H. (2018-01-01). "The China Risk-Oriented Solvency System: A Comparative Assessment with Other Risk-Based Supervisory Frameworks". The Geneva Papers on Risk and Insurance - Issues and Practice. 43 (1): 16–36. doi:10.1057/s41288-017-0046-3. ISSN 1468-0440.
- ^ Fung, Derrick W. H.; Jou, David; Shao, Ai Ju; Yeh, Jason J. H. (2018-10-01). "The Implications of the China Risk-Oriented Solvency System on the Life Insurance Market". The Geneva Papers on Risk and Insurance - Issues and Practice. 43 (4): 615–632. doi:10.1057/s41288-017-0066-z. ISSN 1468-0440.
- ^ Joubert, Phil; Sheng, Cliff; Sahay, Anupam; Bice, Anthony. "C-ROSS: PREPARING FOR SOLVENCY II WITH CHINESE CHARACTERISTICS" (PDF). Oliver Wyman.