Country: China Page 62 / 81
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- December 20 2016
Hong Kong caps insurance purchases of Chinese residents
Authorities roll out a series of curbs to control insurance-related outflows.
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- December 19 2016
China warns insurers on failed self-inspections
CIRC has warned 10 companies that failed to properly undertake self-inspections on their risk levels.
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- December 16 2016
China cracks down on “impure” insurers
CIRC will further limit single-investor shareholding in insurers and scrutinise funds used to buy stakes in insurers.
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- December 15 2016
CIRC to set news rules on leverage acquisitions
The Chinese regulator has denounced insurers' leveraged buying spree and announced tougher new rules.
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- December 13 2016
AIA stresses quality over quantity
Productivity and protection policies have been the secret to why business in China has been so successful.
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- December 7 2016
Liberty Mutual agrees to acquire Ironshore for US$3b
The specialty insurer is being sold by Chinese conglomerate Fosun, which had been considering an IPO.
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- December 2 2016
Hong Kong’s popularity grows for mainland insurance buyers
The city remains a top attraction for wealthy Chinese who want to get their cash out of the country.
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- December 2 2016
China cracks down on trophy acquisitions
Plans to rein in the country's overseas shopping spree are likely to affect acquisitive Chinese insurers.
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- December 2 2016
Mainlanders’ spending on HK insurance doubles
A total of US$6.3b was spent on Hong Kong insurance products during the first nine months of the year.
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- November 28 2016
Anbang to offer international bond to fund more acquisitions
It remains unclear how much the Chinese company is seeking to raise through the offering.
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- November 25 2016
Tencent and investors sign HeTai Life deal
The Chinese internet giant invested through a subsidiary, while other shareholders include Citic Guoan and Munson Capital.
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- November 24 2016
Cost of fraudulent NHI claims hits new record in Taiwan
Among the 2,285 medical facilities the NHIA investigated in the past three years, 1,108 breached the regulations.
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- November 24 2016
China’s insurance regulator to get strict on trading habits
CIRC will beef up scrutiny after an insurer was recently found to be engaging in “rat trading”.
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- November 23 2016
Anbang eyes US$2.3bn Japanese property acquisition
The China-based insurer is now in talks with Blackstone to buy the residential property assets.
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- November 23 2016
China to boost healthcare insurance system
The government will expand coverage to the entire population, according to Premier Li Kequiang.
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- November 22 2016
UK government urged to prioritise China, India links
The Association of British Insurers wants Westminster to help crack foreign markets after the Brexit referendum.
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- November 22 2016
Prudential partners with Citic to open new China branch
The new branch in Hefei adds to Citic-Pru Life's domestic network, spanning 66 cities across 16 provinces.
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- November 21 2016
HNA quits Taiwan venture to launch own unit
The Chinese conglomerate is dropping its money-losing venture with Shin Kong Life.
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- November 17 2016
Taikang Life to buy NorthStar senior care assets
China's fifth-largest insurer by sales has agreed to pay US$1b for the more than 460 healthcare properties.
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- November 9 2016
Ping An opens 10,000 health clinics in China
The clinics are part of its Wanjia Clinics platform, serving the 110 million users of its Ping An Doctor portal.