Country: China Page 53 / 85
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- May 16 2018
FWD applies for Shanghai JV
The Hong Kong-based insurer is reportedly looking at establishing a joint venture in Shanghai with unknown partners.
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- May 14 2018
China issues new rules on disclosures for insurers
New rules have been released to clarify ambiguous rules on disclosures for insurance companies.
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- May 11 2018
AIA co-leads US$500m investment in WeDoctor
The Hong Kong-listed insurer co-led the funding round in a Tencent-backed Chinese online healthcare solutions platform.
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- May 11 2018
China jails ex-Anbang Insurance boss for 18 years
A Chinese court has sentenced Wu Xiaohui after a trial that accused him of stealing more than US$10bn.
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- May 9 2018
Australia’s AMP downplays reported China Life talks
The embattled Australian wealth manager has kept silent on reports that it is exploring a deal.
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- May 8 2018
China’s life insurance sector to rise 10-fold by 2030
In the years ahead, the best performers are likely to be those that already have one foot in the door.
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- May 7 2018
ICBC-Axa Life to set up asset management arm
The move comes after Xi Jinping’s call to further open China’s insurance sector at the Boao Forum last month.
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- May 4 2018
China’s non-life woes
The country's life insurance sector isn't alone in facing significant challenges.
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- May 4 2018
Non-life market in China faces tough conditions
The outlook is negative, but market conditions are expected to get better in the near term.
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- May 4 2018
Chinese solvency ratios improving amid crackdown
The recent campaign to strengthen regulations in China is beginning to show benefits, says Moody's.
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- May 1 2018
Taikang Life backs Baidu’s new brand
The Chinese insurer is among a string of investors in Du Xiaoman, a fintech unit being spun off by the internet giant.
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- May 1 2018
Willis to benefit from Chinese licence
It is the first wholly foreign-owned broker to be able to operate like an equivalent Chinese firm.
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- April 30 2018
China Life’s net profit more than doubles
The improvement was due to updated discount rate assumption of reserves for traditional insurance contracts.
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- April 27 2018
Asia powers growth in global insurance markets – Allianz
China set to become world’s largest insurance market – with premiums growing ~13% in coming years
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- April 27 2018
Taikang invests in Chinese biologics startup
The Chinese insurer has taken part in a US$150 million funding round for Innovent Biologics.
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- April 25 2018
China’s business insurance to boost sharing economy
More than 80% of consumers would be more comfortable using sharing-economy services if insurance were offered.
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- April 24 2018
Chinese regulator steps up fight against financial risk
All potential violations are being aggressively targeted, according to the new banking and insurance regulator.
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- April 20 2018
Fosun and Gonbao reopen bids for Greece’s national insurer
The deal to buy a major stake in Ethniki Hellenic General Insurance is reportedly valued at US$900m.
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- April 19 2018
APAC bancassurers tap blockchain to improve offerings
Banks in the region continue to leverage the technology to improve and expand their insurance offerings.
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- April 18 2018
JD.com to buy one-third of Allianz China General Insurance
The Chinese e-commerce company will become the second-biggest shareholder in the Allianz unit for US$85m.
