Thursday, November 23, 2017

China

China’s CNinsure sells stake to J&R

China’s CNinsure sells stake to J&R

Manufacturer and supplier of fire protection and safety equipment, expected to hold approximately 5.5% of CNinsure’s outstanding shares.

Read full article

China’s Anbang Insurance acquires Belgian bank

China’s Anbang Insurance acquires Belgian bank

Chinese insurer officially acquires Delta Lloyd Bank Belgium, one of the oldest banks in the Country.

Read full article

China Re set to launch first Chinese earthquake catastrophe bond

China Re set to launch first Chinese earthquake catastrophe bond

Bond is expected to be launched today and will provide cover to debut sponsor China Re on an indemnity basis, according to sources.

Read full article

US regulators okay Fosun’s US$433m insurance acquisition

US regulators okay Fosun’s US$433m insurance acquisition

Chinese conglomerate receives approval from regulators in Michigan and Washington.

Read full article

China trims insurance rates and establishes investment fund

China trims insurance rates and establishes investment fund

Reduction in certain insurance rates will save Rmb27bn (US$4.43bn) for employers.

Read full article

China’s largest P&C insurer gets Moody’s upgrade

China’s largest P&C insurer gets Moody’s upgrade

IFSR of PICC P&C upgraded to Aa3 from A1, with stable outlook.

Read full article

Swiss Re becomes first Swiss firm to obtain China’s RQFII licence

RQFII programme allows the reinsurer to gain access to the Chinese financial market.

Read full article

Fosun to buy Israeli insurer Phoenix for US$471m

Fosun to buy Israeli insurer Phoenix for US$471m

Phoenix Holdings owner, still has the option to cancel the deal if not closed after five months.

Read full article

China’s business vehicle insurance programme to go nationwide by 2016

China’s business vehicle insurance programme to go nationwide by 2016

The programme seeks to encourage safe driving in the country.

Read full article

China Pacific Insurance to invest US$5.2bn in China Railway

China Pacific Insurance to invest US$5.2bn in China Railway

Investment allows Chinese Insurer to broaden its investment channels of insurance capital.

Read full article

Insurance payout for Yangtze accident to hit US$14.8m

Insurance payout for Yangtze accident to hit US$14.8m

Payout involves 340 contracts underwritten for parties involved with the incident.

Read full article

China Life Insurance launches first overseas unit in Singapore

China Life Insurance launches first overseas unit in Singapore

Singapore to offer a wide range of products, including health insurance and investment options.

Read full article

Anbang Insurance’s US$1bn acquisition of Tong Yang Life approved

Anbang Insurance’s US$1bn acquisition of Tong Yang Life approved

Approval issued despite concerns over reciprocity.

Read full article

Samsung partners Ping An for digital health platform in China

Samsung partners Ping An for digital health platform in China

Partnership expected to fast-track the adoption of remote health monitoring systems in China.

Read full article

China’s Fosun in final stage of acquiring Israel’s biggest insurer

China’s Fosun in final stage of acquiring Israel’s biggest insurer

Fosun set to acquire Israel’s Pheonix Group for US$858M.

Read full article

China’s private hospitals to be eligible for reimbursement

China’s private hospitals to be eligible for reimbursement

Threshold for private healthcare providers also to be lowered.

Read full article

AXA launching units in Singapore, Hong Kong and Shanghai

Data Innovation Lab in Singapore to conduct R&D work using data analytics.

Read full article

Shanghai insurance exchange to get approval this year

Shanghai insurance exchange to get approval this year

Exchange will offer risk securitisation products, catastrophe bonds and insurance derivatives, according to reports.

Read full article

Videos

Zainudin Ishak, Malaysian Re

Partner Content

Follow InsuranceAsia News

Print Edition

WINTER 2017

Defending Asia's evolving risks