Country: China Page 54 / 86
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- May 25 2018
China jails former PICC president
Wang Yincheng has been sentenced to 11 years imprisonment for allegedly taking bribes.
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- May 24 2018
China’s online property insurance premiums rebound
Consumers are favouring apps and third-party platforms ahead of through insurers' websites.
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- May 24 2018
Australia’s CBA sells BoComm stake to Mitsui Sumitomo
The sale will fulfil a condition of the sale of its life insurance businesses in Australia and New Zealand to AIA.
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- May 23 2018
Anbang selling majority stake in Century Securities
The Chinese government-controlled insurer is looking to raise at least US$565m from the sale.
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- May 22 2018
JLT wins full China brokerage licence
The new licence offers the same scope as that permitted for a domestic insurance brokerage company.
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- May 22 2018
China well-poised for further liberalisation
A top official noted that the country has built up strength in the banking and insurance spaces.
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- May 18 2018
Foreign firms in China rush
Overseas insurers are leaping at the opportunity to extend their presence after Xi Jinping cracks open the door.
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- May 17 2018
China performance boosts Ageas results
The "very strong" performance was boosted by what it considers to be exceptional results in China.
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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.
