Country: China Page 74 / 83
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- January 8 2016
China’s Macrolink backs out of Clal talks
Deal to buy Israel's second-biggest insurer has fizzled out after the local regulator spooks Macrolink.
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- January 7 2016
DBS, Manulife officially launch US$1.2bn bancassurance deal
The deal allows the Canadian insurer to distribute its products in DBS branches across the region.
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- January 6 2016
China launches insurance-backed infrastructure fund
An initial pool of Rmb40bn will be used to fund strategic projects, including the Belt and Road Initiative.
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- January 6 2016
China Life among top 10 global insurers by net premiums
The Chinese insurer is the only Asian firm to make the list, which is dominated by US and European names.
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- December 31 2015
China warns insurers on risks of stock investments
Insurance firms asset-liability management face increased risks with the rise of capital market volatility.
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- December 30 2015
Deutsche Bank sells Hua Xia Bank stake to Chinese insurer
German lender agrees to sell it's 19.99% stake to China's PICC Property and Casualty Company
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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.
