Board approves exploration of digital-asset capital injection
Zhibao Labuan Re passed a board resolution to explore a digital-asset capital injection to lift capital to USD 32 million.
The plan targets higher underwriting capacity, a stronger solvency position, and broader reinsurance expansion across mainland China, Hong Kong, and Southeast Asia.
The capital increase aims to clear China NFRA thresholds to lead treaties reinsuring mainland Chinese insurers directly.
The transaction remains subject to approval from Labuan’s regulator.
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