Country: China Page 70 / 78
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- December 22 2015
Mainland Chinese to spend US$3.9bn on insurance in HK this year
OCI released data show mainlanders taking 21.7% of the city's total new premiums.
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- December 18 2015
Fosun scrutiny affecting overseas M&A
The investigation of chairman Guo Guangchang is causing problems for acquisition of Israeli insurer.
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- December 18 2015
Anbang Insurance buys further stake in Sino-Ocean
The privately held Chinese insurer paid a further US$426 million to raise its stake to 30%.
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- December 18 2015
China’s medical insurance covers 95% of population
China's Ministry of Human Resources and Social Security says more than 1.3 billion are now covered.
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- December 17 2015
China releases rules for insurance fund controls
CIRC is aiming to enhance the sector's ability to manage risks and become more prudent.
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- December 16 2015
Chinese insurer ZhongAn tops Fintech 100 list
The list, compiled by H2 Ventures and KPMG, also featured six other Chinese companies.
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- December 14 2015
China to become world’s second-largest market
China could become the world's second-largest insurance market after the US by 2025, if the sector's growth momentum continues, according to a report.
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- December 10 2015
China Life to buy Postal Savings Bank stake for US$2bn
China's biggest insurer is buying roughly 5% of the postal bank ahead of its Hong Kong IPO.
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- December 10 2015
Foreign insurers win modest market share in China
Overseas companies continue to be dominated by local insurers despite gradual liberalisation.
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- December 9 2015
AIG selling US$1bn stake in PICC P&C
The deal marks the second time that AIG is cutting its shareholding in the Chinese state insurer.
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- December 9 2015
China’s first insurance development index released
The index shows 70% of total insurance fees during 2014 were from vehicle insurance.
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- December 8 2015
China’s non-life sector likely to weaken, says Fitch
The sector's growth dynamics could weaken if vehicle sales continue to stagnate.
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- December 7 2015
China eases rules on insurers’ overseas offices
CIRC scraps requirement for Chinese insurers to get pre-approval to open offices abroad.
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- December 4 2015
Insider fraud on the rise
More than 70% of Chinese executives were affected by fraud during the past year, says Kroll.
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- December 4 2015
Chinese insurers consider multi-asset strategies
There is a need to look beyond trophy assets as Chinese insurers expand their overseas investments.
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- December 3 2015
Axis Capital to join Lloyd’s China platform
Subsidiary Axis Syndicate 1686 will focus on treaty reinsurance business beginning January 1, 2016.
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- December 3 2015
SAIB becomes first Chinese Lloyd’s broker
Shanghai Asian Insurance Brokers plans to develop reinsurance brokerage and internationalise.
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- December 1 2015
China Life completes London property acquisition
The Chinese insurer has acquired a 40% interest in 99 Bishopsgate, a premium office building.
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- December 1 2015
Taikang mulls US$16bn investment in Chinese elderly care
The Chinese insurer is planning to increase its investment in the sector during the next five years.
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- November 30 2015
China’s top court moves to protect insurance consumers
An increase in disputes in China's insurance industry has prompted a new judicial interpretation.
