Country: China Page 61 / 84
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- June 22 2017
Allianz seeks to accelerate growth in Asia
The German insurer is planning to catch up with European competitors in the region, such as Prudential and AXA.
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- June 19 2017
CIRC vows to continue crackdown on HK sales
Illegal sales have led to asset outflows and aid money-laundering, according to the regulator.
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- June 16 2017
Industry fears fall-out from Anbang crisis
There are worries that the crisis at Anbang will lead to a liquidity crunch that could affect the financial industry.
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- June 15 2017
Anbang chairman steps down
Citing personal reasons, Wu Xiaohui has stepped down and delegated his authority to other company executives.
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- June 13 2017
Ping An hunts for fintech, healthtech startups
The Chinese insurer is looking at joint ventures or distribution agreements with early-stage startups.
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- June 13 2017
China mulls pollution liability insurance
CIRC intends to make insurance compulsory for firms that fall under eight categories, such as fossil fuel extraction.
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- June 12 2017
Hong Kong, overseas firms seek China entry
Among those making a beeline into the mainland market is FWD Hong Kong, which has applied for a life insurance licence.
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- June 8 2017
CIRC to strengthen standards
China's insurance watchdog will implement a spate of more stringent measures on liability, investment and liquidity risks.
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- June 2 2017
Small chips, big risks
The complexity of semiconductor manufacturing can pose a range of risks that need to be understood to be able to offer sustainable capacity.
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- June 2 2017
CIRC seeks experts on solvency supervision
The insurance watchdog in China will tap external experts to form part of a solvency supervision consulting panel.
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- June 2 2017
Chinese counties to offer agri disaster insurance
The scheme is aimed at 200 pilot counties that are primarily engaged in planting rice, wheat and corn.
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- May 26 2017
Downgrading China
Moody's has downgraded the country’s sovereign rating for the first time since 1989.
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- May 25 2017
China insurers’ solvency remains at a healthy level
First-quarter capital adequacy reflects efforts to keep risks within control, says the insurance regulator.
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- May 24 2017
WannaCry hit Asia hard but won’t boost cyber policies
Companies that haven’t taken basic security measures aren’t about to start buying insurance.
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- May 24 2017
Chinese insurers urged to invest in infrastructure
The Chinese regulator says that such projects will be given easier access to insurance funds to boost economy.
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- May 22 2017
PICC plans US$2bn share sale in mainland China
The sale comes more than four years after its subsidiary went public in Hong Kong through a US$3.1bn offering.
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- May 22 2017
China to check sales activities of life insurers
The Chinese regulator said it would beef up oversight as part of its crackdown on irregularities in the industry.
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- May 19 2017
Foresea Life keeps afloat amid Beijing crackdown
Company states normal operations and stable cash flow.
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- May 18 2017
China cracks down on universal life policies
The move is expected to hurt many Chinese insurers that have relied on the practice to fund investments.
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- May 17 2017
China to inspect insurance branches for violations
CIRC is targeting the outlets of companies that have ranked poorly in terms of customer complaints.