Country: China Page 58 / 84
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- October 23 2017
AIA’s value of new business hits projections, grows 20%
The performance comes after robust growth in China that made up for slower sales through IFAs in Hong Kong.
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- October 18 2017
Yunfeng’s MassMutual acquisition to take another year
It could take at least one year for the Chinese group to complete its US$1.7 billion acquisition.
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- October 16 2017
Tencent-backed insurance agency gets approval
Weimin got the green light to begin operations from the China Insurance Regulatory Commission.
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- October 13 2017
Games, trains and electricity
What institutional investors are looking at ahead of China’s next five-year plan.
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- October 13 2017
Five Chinese insurers barred from financing parent companies
The move is part of a government effort to curb funding for some of the nation’s most aggressive asset acquirers.
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- October 13 2017
Drastic changes ahead in China’s insurance sector
The government plans to implement changes in policies, environment and technology, according to CIRC.
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- October 12 2017
China revises rules on securities insurance
A new regulation is in place starting Tuesday that will give insurance funds priority to subscribe to new shares offline.
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- October 11 2017
China insurers’ premium income up 20.45%
CIRC attributed the steady growth of premium income during August to improved regulations and risk protection.
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- October 11 2017
UN warns of more destructive disasters in Asia
The warning comes from the UN's Economic and Social Commission for Asia and the Pacific.
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- October 4 2017
Assets of China’s foreign-funded insurers growing
Insurance companies funded by foreign capital registered total assets of over Rmb1tn, says CIRC.
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- September 29 2017
DBS and Chubb ink 15-year regional distribution deal
The bancassurance agreement covers five markets: Singapore, Hong Kong, Taiwan, Indonesia and China.
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- September 29 2017
ZhongAn debuts in Hong Kong
Shares in China’s first online insurer got off to a flying start, but the company faces challenges.
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- September 27 2017
CIRC to focus on regulation, not enterprise work
The regulator says it will clean up its image and treat all market entrants and insurance companies fairly.
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- September 27 2017
Ping An’s technology unit to focus on external customers
The strategy is part of parent company Ping An Insurance’s efforts to remodel itself into a tech-driven financial conglomerate.
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- September 26 2017
China’s former insurance regulator faces charges
Xiang Junbo is set to be charged after the corruption case against him has been handed over to prosecutors.
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- September 22 2017
Debt-to-equity swaps open to Chinese insurers
Insurance funds may soon be granted permission to join in debt-to-equity swaps of distressed firms.
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- September 20 2017
China to heighten insurance scrutiny
Investments and capital flows in and out of the industry will be overseen more closely, the country’s regulator announced.
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- September 19 2017
Chinese life firms urged to diversify products
A senior official at CIRC wants insurers to innovate and offer more than just short-term life products.
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- September 15 2017
Ant Financial’s agri insurance JV gets green light
China’s insurance regulator has given the go-signal for a joint venture with China United Insurance to begin operations.
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- September 8 2017
Allianz rebuffs Chinese takeover
It emerged this week that Anbang and HNA both attempted a takeover of the German insurer earlier this year.
