Country: China Page 47 / 81
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- July 18 2018
Anbang eyes sale of health insurance unit
Hexie Health Insurance could be the troubled company's next asset up for sale.
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- July 18 2018
Chinese insurers covered US$467tr in Jan-May period
However, CBIRC data showed that the sector's premium income fell 5.86% year on year.
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- July 16 2018
China’s Sunshine Insurance joins funding round for Lionbridge
Investment arm Riverhead Capital is funding the leasing services and leasing asset management specialist.
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- July 16 2018
China emerges as leading market for Swiss Re
The country is now among the top four major markets of the Zurich-based company, according to the firm’s CEO.
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- July 13 2018
Tighter rules to boost China life insurers’ risk profile
More stringent measures on short-term savings-type products and better disclosure are working, says Fitch.
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- July 13 2018
Anbang eyes selling Belgian insurer Fidea
The troubled Chinese insurer is reportedly considering its first divestment in Europe.
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- July 13 2018
Anbang starts disposals
The Chinese government has begun the process of selling international assets, with Belgium’s Fidea reportedly up first.
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- July 13 2018
Bull in a China shop
Insurance and other financial services are among the industries that Donald Trump’s bullying trade war could force China to open.
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- July 11 2018
China changes rules on director appointments
Under the changes, major shareholders of an insurance firm can no longer nominate independent directors.
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- July 10 2018
Premium income in China drops 5.9%
The decline came as authorities were seeking to improve regulation of the sector to reduce financial risk.
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- July 6 2018
China remains the major source of emerging market growth
China now accounts for more than half of emerging market life insurance premiums written, or 11% worldwide.
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- July 4 2018
China Re and Zhong An invest in blockchain
China Re and Zhong An have already completed a proof of concept to test areas including contracts, documents and claims.
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- July 3 2018
CBIRC publishes foreign-ownership rules
The rules allow foreign insurers and loss adjusters to operate on a level footing with domestic companies.
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- June 29 2018
Hong Kong seeks ‘Insurance Connect’ with China
Hong Kong insurance regulators said this week that they are working on the plan with their mainland counterparts.
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- June 28 2018
Hong Kong, China consider insurance link
A special channel for the marketing, sale and processing of insurance products is being considered.
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- June 28 2018
Sun Life seeks to increase stake in Chinese JV
The move to establish a majority position is part of an effort to double profits in Asia during the next five years.
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- June 20 2018
British insurers target Belt-and-Road role
London has historically embraced insuring new risks and sees the Chinese infrastructure plan as a golden opportunity.
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- June 18 2018
Ex-CIRC head Xiang Junbo pleads guilty to bribery
The former chairman of China’s insurance regulatory body expressed remorse in his closing statement.
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- June 14 2018
China orders life insurers to tighten reporting standards
New regulatory rules require better asset-liability management and reporting of cash flows.
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- June 13 2018
China says insurance sector’s risks generally controllable
The CBIRC says risks facing the insurance sector are complicated but solvency ratios remain stable.