Country: China Page 36 / 84
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- July 30 2020
Sun Life hedging bets on “dynamic” Asia for future acquisitions
Asia's contributions to company income are expected to grow to 25%.
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- July 29 2020
Hong Kong market growth to stall from Covid impact
Authorities push cross-border initiatives to bolster new business.
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- July 29 2020
Asia accounted for minority of Q2’s insurtech fundraising
But investment shouldn't be equated with development, says WTW.
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- July 28 2020
Ping An invests in China, HK health ventures
The healthcare digital JVs are with Japan's Shionogi.
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- July 28 2020
China’s Lufax targets US$3bn IPO
Ping An-backed firm's float would follow OneConnect's US$312m IPO last December.
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- July 27 2020
GBA’s ‘Insurance Connect’ scheme moves closer to fruition
HK's insurers to establish some services in two Mainland cities by year's end according to a report.
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- July 24 2020
Asia racks up H1 US$31bn nat cat bill: Aon
Cyclone Amphan and China's ongoing floods top loss list but much of the damage isn't insured.
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- July 23 2020
CBIRC delegates authority for majority of P&C insurers
Local authorities to become responsible for 64 P&C players.
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- July 22 2020
China’s regulator seeks to shore up life giant
Huaxia Life employs around 500,000 people and has been linked to several rivals.
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- July 22 2020
CBIRC urges insurers’ support for flood-hit regions
Direct economic losses have soared past US$12bn.
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- July 21 2020
HK’s financial regulators restate security bill commitment
Financial secretary Paul Chan urges regulators to clarify the law and reassure stakeholders.
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- July 20 2020
China’s worst floods in 30 years renews focus on risk
Greater public-private collaboration and advanced modelling is needed.
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- July 20 2020
China seizes insurers linked to billionaire Xiao Jianhua
The Chinese state takes control of several firms linked to Xiao after discovering irregularities.
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- July 20 2020
Chinese insurers record healthy H1 premium growth
Life and P&C players are experiencing a solid uptick in sales compared with 2019.
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- July 17 2020
Hong Kong passes bill to reduce insurers’ profit tax
The Insurance Authority says the changes will fortify the city's competitiveness.
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- July 17 2020
China to remove restrictions on insurers’ equity investments
Chinese insurers hold over US$3 trillion in assets.
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- July 15 2020
Securities class action and D&O ramping up worldwide: report
Australia's "thriving" litigation activity has led to a surge in D&O costs and demand.
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- July 13 2020
Tahoe Group exploring sale of Tahoe Life: report
A sale for the troubled Chinese conglomerate could raise US$1bn.
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- July 10 2020
Chinese motor reforms are “credit negative” for insurers: Moody’s
The regulator's sweeping changes could increase loss ratios from 60% to 75%.
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- July 9 2020
Insurance Authority’s Cheung on HK’s regulatory path
The regulator wants to promote confidence in HK's market potential, and its cross-border tie-ups.