Country: China Page 72 / 81
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- December 30 2015
China’s premiums up nearly 20% in Jan-Nov period
Life premiums also up by nearly 25% within the same period
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- December 24 2015
Three Chinese life firms consider US$3.1bn bond launches
An Bang Life Insurance, Happy Life Insurance, and Tian'an Life Insurance looking to tap the markets.
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- December 24 2015
Anbang acquires new shares in China Vanke for US$438m
Chinese insurer increases stake to 7.01% in country's property developer
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- December 23 2015
Baidu aims to become major auto insurance seller in China
Online search giant aims to capture 30% of the market in the next three years.
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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.
