Country: China Page 73 / 86
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- May 23 2016
Solvency ratios of 11 Chinese insurers near regulatory limit
At least 10 life insurance firms and one property insurance firm have solvency ratios that are nearing the regulatory red line.
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- May 23 2016
Chinese operations boost Ageas’s Q1 profit
Ageas has posted a better-than-expected net profit for the first quarter of the year, thanks to new business premiums in China.
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- May 20 2016
Shanghai insurance exchange to launch next month
Ninety-one Chinese companies have agreed to pool their resources to come up with the capital needed for the exchange.
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- May 18 2016
China rolls out catastrophe home insurance plan
At least 45 insurers have joined the programme, which will issue special insurance products providing post-earthquake compensation.
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- May 17 2016
China Life to be a cornerstone in BOC Aviation IPO
China Life has committed to invest US$50 million in the public offering of the biggest aircraft lessor in Asia.
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- May 17 2016
China looks to UK for advice on financial super regulator
Chinese regulators head to London to discuss plans to merge its banking, securities and insurance regulators into one entity.
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- May 13 2016
Perfect storm for Chinese life companies
The weak domestic economy, new solvency rules and increased scrutiny from the regulator are squeezing profits.
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- May 11 2016
CIRC reportedly checking on Anbang’s investments
The regulator is reportedly sending inspectors to scrutinise investments in real estate and unlisted equities.
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- May 6 2016
Anbang’s aggression pays off with triple-digit income rise
Investment income for the Chinese insurer's life business grew by 110.9% last year, according to its latest results.
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- May 5 2016
China warns against unregistered online insurers
CIRC says insurance-style schemes operated by unregistered online firms may lack financial stability.
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- May 4 2016
Qianhai urges lower threshold for HK insurers
The Qianhai-Shekou free trade zone has complained that no HK insurers meet regulators' strict requirements.
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- May 4 2016
AIG raises US$2.6bn from PICC P&C share sale
AIG has raised about US$2.6 billion since last year as it has divested its stake in the Chinese insurer.
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- April 28 2016
Ping An expected to join US$3bn ING Life Korea bid
Korea’s fifth-largest insurance firm is expected to fetch more than US$3bn in a highly contested bidding process.
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- April 26 2016
Alibaba sets up online health cover JV
The company, founded by Jack Ma, has teamed up with six other investors to establish a partnership with China Taiping.
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- April 25 2016
China Insurance Investment raises US$4.63 billion
The newly established fund will invest in various infrastructure projects in Shanghai.
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- April 22 2016
China Life warns of big net profit decline for Q1
Asia-Pacific's biggest insurer says the drop could be as much as 60% due to a plunge in investment income.
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- April 21 2016
China’s property players eye insurance sector
High land costs and a growing need for cash-yielding assets is driving developers to bid on insurance operations.
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- April 19 2016
China to name systemically important insurers
The Chinese regulator is set to release a list of insurers that may be considered too big to fail.
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- April 19 2016
Fitch warns of Chinese insurers’ rising risks
The country's insurers could face rising risks in a number of areas as they increasingly invest overseas.
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- April 15 2016
Shanghai is home to 55 insurance headquarters
The city plans to build the industry further towards its goal of becoming an international centre for the sector by 2020.
