Country: China Page 49 / 84
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- October 29 2018
Stockmarket turmoil hits China Life
Lower returns from equity investments led to a 76% fall in net profit during the third quarter.
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- October 26 2018
China has a highly dynamic market, says JLT Re
China's regulatory changes should be an opportunity argues global reinsurance broker.
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- October 24 2018
Report: Cerberus eyes Anbang’s assets
Several major firms linked with buying troubled insurer's assets.
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- October 23 2018
China’s PICC reduces planned IPO
The Chinese insurer cited market conditions as it announced that it is scaling back its IPO.
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- October 19 2018
China’s premiums surged past US$500bn in 2017
It is now the world's second-biggest insurance market according to research by KPMG and ZhongAn.
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- October 16 2018
Ping An to increase overseas investments
The Chinese insurer is looking for investments in financial technology and digital health.
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- October 2 2018
PICC gets approval for Shanghai IPO
The company and its underwriters are set to confirm the schedule for listing on the Shanghai Stock Exchange.
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- September 28 2018
Typhoon Mangkhut losses could hit US$2bn
The strongest storm in the world this year could be one of the region’s most costly ever for insurers.
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- September 21 2018
China Re’s acquisition of Chaucer is credit positive
Moody's says the deal will complement its existing product offerings and increase its geographic diversification.
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- September 17 2018
Solid results for HK-listed Chinese life and P&C insurers
The good first half performance comes despite the fact that both sectors face various challenges.
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- September 14 2018
China Re buys Chaucer for US$950m
China's largest reinsurance group has bought one of the largest insurers at Lloyd's.
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- September 14 2018
China Re going global
The Chinese state-owned reinsurer is buying Lloyd's speciality insurer Chaucer from Hanover for US$950m.
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- September 13 2018
China’s premium income falls by 2.4% in seven months
Insurers in the country continue to feel the effects of tighter regulations on the sector.
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- September 7 2018
Dismantling of Anbang continues
JP Morgan has reportedly secured the mandate to handle the sale of its Dutch unit.
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- September 7 2018
Life support
Mainland Chinese buyers continue to play a significant role in Hong Kong’s life insurance market.
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- September 7 2018
Anbang looks to sell Dutch insurer Vivat for over US$1.5bn
Two Dutch insurers, Aegon and ASR, have reportedly expressed interest in bidding for the unit.
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- September 4 2018
Online P&C insurers growing rapidly in China
Online-only insurers took a 24% share of P&C premiums during the first half of the year.
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- August 31 2018
SoftBank and ZhongAn team up
The two companies have launched a technology joint venture that will see them both invest US$100m.
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- August 27 2018
AIA posts 17% hike in new business
A rise in new business was a result of selling more high-margin insurance products, especially in China and Hong Kong.
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- August 27 2018
China Life profit up 34%
The positive result was driven by robust growth in its life and health insurance markets.
