Country: China Page 73 / 84
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- March 15 2016
Prudential, AIA hit by China’s HK sales restriction
China's central bank has tightened restrictions on insurance purchases by mainlanders in Hong Kong.
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- March 10 2016
CNA Hardy sets up underwriting division on Lloyd’s China
The company will be focusing on property treaty, construction, marine, casualty and on developing new lines of business.
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- March 9 2016
Chinese firms aggressively pursuing M&A deals in Korea
Players in the Korean market face worsening profits, which is creating buying opportunities for mainland firms.
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- March 7 2016
Shanghai mayor urges insurers to provide more products
Yang Xiong has said Chinese and foreign insurance firms should innovate more products in the city.
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- March 4 2016
China slowdown prompts Moody’s downgrades
The central government's capability to support insurers on a broad basis could be weaker than previously assessed.
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- March 3 2016
Lloyd’s set to double onshore China premiums
Reinsurance is moving onshore as China’s new solvency rules punish overseas reinsurers with stiff capital charges.
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- March 2 2016
China Life pays US$3bn for stake in China Guangfa Bank
The Chinese insurer will buy the 20% holding from Citi and IBM in an effort to boost its financial services business.
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- March 2 2016
China to announce plan for financial super-regulator
The proposal would see the country's banking, securities, and insurance regulators merged into one entity.
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- February 29 2016
Chinese firms raise allocations to alternative assets
CIRC releases statistics that shows mainland insurers significantly raising their exposures in 2015.
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- February 26 2016
Property is king for China’s acquisitive insurers
China’s domestic insurers are increasingly buying up stakes in the country’s listed property developers.
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- February 26 2016
China’s reinsurance market to hit US$198bn by 2020
The market is expected to grow at a yearly rate of 40% from 2014 to 2018, according to a report by Zion Research.
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- February 26 2016
Chinese developer eyes HK’s Dah Sing Life Assurance
Country Garden has joined China Life and other bidders for Dah Sing Financial's insurance arm.
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- February 25 2016
Anbang joins bid to buy Hyundai Securities
The Chinese insurer is up against Fosun Group and Korean firms KB Financial and Korea Investment & Securities.
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- February 24 2016
China Life, Ping An post double-digit premium growth
The positive results announcements helped their stocks to stage rebounds in Hong Kong and Shanghai this week.
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- February 23 2016
Chinese bought US$2.7bn of insurance in HK in 2015
The number of mainland residents buying insurance products and services in Hong Kong continues to grow.
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- February 22 2016
Zhong An aiming to raise US$2bn in local IPO
The insurance company backed by Alibaba's financial services affiliate is expected to list in Shanghai.
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- February 18 2016
Fosun cancels US$462m acquisition of Israeli insurer
The Chinese company says that conditions in global markets forced it to terminate the acquisition.
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- February 17 2016
China approves new online insurance venture
CIRC has approved Shenzhen Infogem Technologies' registration to operate an online insurance firm.
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- February 16 2016
CRRC buys US$676m stake in China United
State-owned China Railway Rolling Stock Corporation has bought a 13.06% stake in the Shenzhen-based insurer.
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- February 12 2016
China’s inevitable devaluation will pour more pain on industry
Flood of money leaving China is bad news for international insurers that have focused on Asia as a source of growth.
