Country: China Page 68 / 86
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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.
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- November 7 2016
HK regulator optimistic despite Beijing restrictions
Independent Insurance Authority sees demand remaining strong because of high quality of products.
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- November 3 2016
Profit drop eases for China’s insurers
Lower yields on insurance funds dragged down the profits of China's insurance firms in the first nine months.
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- October 31 2016
Private health insurance continues apace in China
China’s private healthcare insurance market is developing at a staggering pace.
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- October 31 2016
Ping An Insurance’s 3Q profit up 15%
The company recorded a 15% increase in its net profit for the third quarter on the back of strong insurance sales.
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- October 28 2016
China’s greying population
A demographic time bomb is forcing the country to address the rising cost of elderly care.
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- October 28 2016
IAG expansion to China too risky and too expensive
The company said it listened to shareholders, but had ultimately taken its own decision to pull out of China.
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- October 25 2016
China Oceanwide to acquire US insurer Genworth
The US$2.7 billion cash deal will help Genworth manage its debt and boost its insurance operations.
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- October 21 2016
Online platforms drive growth in China
This year has seen some 330 million customers buy insurance through the internet.
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- October 20 2016
China Life warns of 60% profit dip
The decline is largely a result of weak investment income, the company said in a filing to the stock exchange.
