Country: China Page 59 / 86
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- 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.
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- November 27 2017
Chinese insurers embrace AI
Companies in the healthcare sector are hoping that self-learning computer programs can expand their customer bases.
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- November 24 2017
China’s innovation problem
While there are clearly some novel ideas with regards to online shopping, can China truly innovate?
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- November 10 2017
Chinese insurers post lower premium income growth
A crackdown on insurance companies' risky and aggressive investment behaviour has taken a toll.
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- November 10 2017
Chinese app to acquire insurance broker
Toutio, a Chinese news app, is poised to be the latest Chinese media platform looking to get into fintech.
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- November 9 2017
Allianz opens Beijing branch
The office will provide commercial and consumer P&C solutions to customers in the Chinese capital.
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- November 6 2017
China Life to boost global exposure
The Chinese insurer plans to be more visible internationally as it expands its overseas presence.
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- November 3 2017
The times are not a-changing
Economy outlook: the Fed’s new governor signals policy continuity, while Japan and China also pursue more of the same.
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- October 31 2017
ZhongAn Online to apply AI to improve service
China's first online-only insurance firm says that it plans to deploy artificial intelligence to improve its offering.
