Country: China Page 63 / 86
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- June 30 2017
Chinese majors target more overseas investments in 2018
About 64% of mainland insurers are planning to increase allocation to international markets, says Standard Life.
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- June 30 2017
CIRC crackdown hits universal life sales
Premiums are down 59% year-on-year on the back of an aggressive campaign to tame market players.
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- June 29 2017
Anbang sues former owners of Tongyang Life
In a case of buyer's remorse, the Chinese insurer has complained that the sellers deliberately concealed risks.
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- June 28 2017
Outlook on China’s life market remains negative
Profitability and capitalisation are expected to weaken, according to Moody's Investors Service.
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- June 26 2017
China launches catastrophe insurance research centre
The centre will be the country's first research institution focusing on major disasters.
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- June 22 2017
CIRC issues new regulations to rein in credit risks
China’s insurance watchdog is seeking to standardise insurance businesses and protect the industry from credit risks.
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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.
