In Depth: Foresea Share Transfer Casts Light on Baoneng Bid for Control

(Beijing) — China's insurance regulator is clamping down on aggressive takeovers by insurance companies that rely heavily on investment-linked policies and are controlled by a parent that faces few constraints on how it can exploit its insurance subsidiary.

A closer examination of Foresea Life Insurance, one of the companies caught in the spotlight, sheds light on why the regulator is worried about their sales, investment and shareholding structure.