25-09-2017 13:44 via insuranceinsider.com

Former CIRC chief to be handed to authorities: Reuters

China's Communist Party has reportedly expelled the
country's former top insurance regulator Xiang Junbo, and plans
to hand him over to prosecutors.
The Central Commission for Discipline Inspection said on its
website on Saturday (23 September) that Xiang, former chairman of
the China Insurance Regulatory Commission (CIRC), had
"committed serious violations of political discipline and
rules" in order to serve personal political interests,
according to Reuters.
The statement added suspected bribe
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