Country: China Page 52 / 81
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- February 8 2018
Genworth, China Oceanwide refile acquisition plan
The company is seeking financing as it aims to address maturing debt of about US$600 million.
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- February 6 2018
FWD Group appoints Ken Lau for Greater China role
He joins from Union Life and will lead FWD in Hong Kong and Macau, and oversee expansion in Greater China.
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- February 1 2018
Operating cash flow of China’s insurers drops 65% in 2017
The decline is attributed to the intensified and widespread crackdown on risks and foul play in the sector.
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- January 30 2018
M&A activity among Hong Kong insurers to remain robust
M&A involving insurers in the city hit US$2.84bn in 2017 and growth is expected to continue this year.
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- January 24 2018
Chinese insurers post 29.7% profit growth in 2017
Despite increasingly tough regulation, Chinese insurers continue to deliver double-digit profit growth.
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- January 23 2018
Chinese insurtech market attracting more players
A new generation of disruptors is emerging on the scene to compete in the vibrant and emerging insurance technology landscape.
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- January 23 2018
China urges insurance for belt-and-road initiative
Companies undertaking projects under the initiative are being told to take advantage of insurance to minimise risks.
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- January 22 2018
Ping An eyes spinning off four subsidiaries
The units include Lufax, China's biggest online wealth management platform, and Ping An Good Doctor, an online medical platform.
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- January 19 2018
Chinese crackdown on insurers intensifies
The China Insurance Regulatory Commission is aiming to stiffen regulation of insurers' shareholders.
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- January 17 2018
Ping An premium income surges 33.4% in 2017
Individual business growth fuelled the rise in the accumulated gross premium income of the life insurance business.
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- January 12 2018
Chinese insurers’ premium income up nearly 20%
The strong figures were achieved despite the authorities’ tightened regulation of the sector.
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- January 11 2018
China’s first tech insurer set for launch
Taiping Technology Insurance will be the first insurer to focus on the country's technology sector.
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- January 9 2018
Ping An value hits US$101bn in 2017
The stock of Ping An Insurance Group Co continues to soar, despite the lack of hype that insurers have as compared with tech companies.
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- January 3 2018
Life premiums in China to climb 15%
Increasing household income and growing awareness of risk management are driving interest in coverage.
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- December 22 2017
AIMA, IAMAC sign insurance collaboration agreement
Among the areas being looked at for collaboration are educational programmes and joint events.
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- December 20 2017
AIR Worldwide partners with PICC Re
The Chinese reinsurance arm of PICC has already received regulatory approval for the partnership.
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- December 19 2017
Low-rated insurers to face curbs in China
Affected companies will face restrictions from the regulator, the official Xinhua news agency reports.
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- December 18 2017
Manulife ties up with Agricultural Bank of China
The agreement indicates that they will explore financial solution distribution opportunities in the country.
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- December 14 2017
China considers revising insurance security fund rules
The move will allow the fund to provide necessary liquidity support to insurers in case of crisis.
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- December 14 2017
Ping An life insurance premium income up 34%
Increased sales of individual policies have helped to spur growth for China's second-biggest insurer.
