Country: China Page 57 / 78
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- May 2 2017
China insurers told to serve belt-and-road projects
In a guideline issued by CIRC, the industry is called on to expand its presence in the new Silk Road regions.
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- April 28 2017
China’s mythical insurtech unicorns
The IPOs of China's biggest fintech companies have been slow to get off the ground, suggesting lukewarm interest.
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- April 24 2017
China insurers told to enforce stricter controls
The insurance watchdog has again ordered better supervision of operations and investments.
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- April 21 2017
Hong Kong plays catch-up with Singapore
The city is facing a serious challenge and is lagging behind its competitors in many areas. Can China come to its rescue?
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- April 19 2017
China’s top insurance regulator sacked
Xiang Junbo has been removed from his position over suspicions of committing disciplinary violations.
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- April 18 2017
China’s Union Life secures US$100m investment from IFC
The injection is expected to introduce overseas investment opportunities to help diversify its portfolio.
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- April 18 2017
Anbang’s US$1.6bn Fidelity deal collapses
The Chinese insurer has failed to secure the required regulatory approvals to acquire Fidelity & Guaranty Life.
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- April 13 2017
Is CIRC under scrutiny now?
The Central Commission for Discipline Inspection has disappeared China’s top insurance regulator.
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- April 13 2017
CIRC identifies four major insurance risks
The Chinese regulator is worried about solvency risks, liquidity pressures, poor corporate governance and external issues.
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- April 12 2017
Growing crackdown in China insurance industry
Analysts expect more regulatory scrutiny after an investigation on the country’s insurance watchdog head.
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- April 11 2017
Chinese insurers to continue focus on fixed-income
Companies such as China Life, PICC and Ping An will also boost their investments overseas this year.
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- April 10 2017
Quake insurance system pushed in China
The system is being crafted to reduce the fiscal burden of the government from earthquakes.
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- April 10 2017
Old Mutual to sell 50% stake in China unit
The Anglo-South African financial group will offload its stake in joint venture Guodian.
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- April 7 2017
Ping An commits US$1bn yearly for tech investment
China’s second biggest insurer remains committed to expanding its investment in the field of internet development.
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- April 5 2017
Fosun joins bid to buy Greek insurer
The Chinese insurer has submitted a binding offer for the insurance unit of National Bank of Greece.
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- April 4 2017
People’s Insurance Group of China hires new head
The Chinese insurer has hired Miao Jianmin, former chief of China Life, to be its chairman and president.
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- April 3 2017
Aviva appoints CEO for China, Indonesia and Vietnam
Randy Lianggara, who joined from AXA last year, takes on a newly created role to drive growth in these key markets.
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- March 30 2017
Chinese JV acquires Standard Life Asia
Heng An Standard Life Insurance has acquired the Hong Kong arm of British insurer Standard Life.
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- March 27 2017
China’s first tech insurer to launch by 2020
Enterprises affiliated with the China Academy of Sciences are sponsoring the establishment of China’s first tech insurance company.
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- March 27 2017
China Life profit declines 45% in 2016
Chairman Yang Mingsheng said the performance was due to a decline in gross investment income.
