Country: China Page 57 / 84
-
- December 7 2017
Vision Fund eyes investing in Chinese insurer Ping An
The fund is in discussions to invest in three firms Lufax, OneConnect or Ping An Good Doctor.
-
- December 1 2017
Chinese non-life insurers, reinsurers required to hire actuaries
The country’s 84 non-life general insurers and 12 reinsurers must have a chief actuary by January 1, 2020.
-
- November 30 2017
Beijing and Guernsey in captive insurance joint venture
The partnership will see the creation of captive structures and the provision of captive services for Chinese businesses.
-
- November 30 2017
China Life hunts for more overseas investments
Its efforts are centred on infrastructure and technologies and products with the growth potential in China.
-
- November 30 2017
China regulator orders three insurers to fix problems
CIRC has given the companies until December 30 to report on their progress in correcting a range of problems.
-
- November 29 2017
China insurers report 19% leap in premium income
Premiums rose to Rmb3.24 trillion (US$491.06 billion) from January to October this year, according to CIRC.
-
- November 27 2017
Chinese insurers embrace AI
Companies in the healthcare sector are hoping that self-learning computer programs can expand their customer bases.
-
- November 24 2017
China’s innovation problem
While there are clearly some novel ideas with regards to online shopping, can China truly innovate?
-
- November 24 2017
Anbang ordered to cut shareholdings in another two banks
Stakes in China Minsheng Banking and China Merchants Bank must be cut to no more than 5%, say regulators.
-
- November 23 2017
Allianz Global Corporate & Specialty expands in China, Indonesia
The business has started operations in Beijing and Jakarta to meet growing demand in the corporate insurance segment.
-
- November 22 2017
Three Chinese insurers punished over “problematic” policies
The three companies have been banned from applying for permission to sell new products for six months.
-
- November 22 2017
US$2.2tr of China’s insurance funds utilised in Q1-Q3
The amount is 9.38% higher than the total insurance funds used as of the end of last year.
-
- November 22 2017
Zhongtian Financial to pay US$4.7bn for stake in Huaxia Life
It will buy the stakes from Beijing Qianxi Shihao Electron Technology and Beijing Zhongsheng Century Technology.
-
- November 21 2017
New shipowners’ insurance launched in Hong Kong
The Hong Kong China War Risk Syndicate covers marine hulls for acts of war, piracy and other potential dangers.
-
- November 21 2017
Life insurers to benefit from China’s eased restrictions
The decision to ease restrictions on foreign ownership of financial firms is expected to attract more investment.
-
- November 17 2017
Asia drives Prudential’s new-business profit
Higher sales volumes and a boost from higher interest rates have driven results so far this year.
-
- November 16 2017
Moody’s welcomes China’s removal of foreign ownership cap
The new regime is credit positive for both foreign and domestic life insurers, says the rating agency.
-
- November 14 2017
Huaxia Life raises stake in China Minsheng Bank
Although its owner is believed to be detained by mainland authorities, the insurer continues to make investments.
-
- November 13 2017
Chinese internet-only insurers still register losses
The profits of China’s four online-based insurers saw a rise in premium income, but still ended up registering a loss.
-
- November 10 2017
Chinese insurers post lower premium income growth
A crackdown on insurance companies' risky and aggressive investment behaviour has taken a toll.
