Country: China Page 75 / 85
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- February 4 2016
China caps Hong Kong insurance purchases
Foreign exchange regulator is stepping up administrative measures to slow capital outflows.
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- February 4 2016
China’s iKang acquires 45% stake in NCI Health
Under the deal, NCI and iKang will serve customers across 100 medical centres in China.
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- February 3 2016
China sets new capital requirements for firms
C-ROSS has now been officially implemented to ensure rational growth of the country's insurance industry.
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- February 3 2016
China’s ZhongAn launches cloud insurance with Aliyun
China's first online insurance company has partnered with Alibaba's cloud computing service provider.
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- February 2 2016
GIC Re to open China branch
The office will open within the next two to three months, according to chief managing director Alice Vaidyan.
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- February 2 2016
Ping An issues China’s first overseas senior bonds
The US$1.2 billion issuance marks the first senior bond offering from an onshore mainland entity.
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- January 27 2016
China market profits up 38% in 2015
The country's insurance industry posted profits of US$43bn last year, according to CIRC.
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- January 27 2016
Liberty names first Beijing representative
The specialist insurance and reinsurance syndicate is joining the Lloyd's China platform in Beijing.
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- January 22 2016
China’s life market forecast to become world’s third biggest
McKinsey predicts double-digit growth during the next five years as it shifts focus to pursue value-creation.
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- January 21 2016
Anbang seeks more investment opportunities in NY
After paying nearly US$2bn for the Waldorf Astoria hotel, the group says it has plans for more investments.
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- January 21 2016
Larger Chinese life firms set for robust growth in 2016
Strong increase in sales forces and more competitive yields has set the scene for expansion.
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- January 18 2016
Smaller life firms in China worst-hit by stock sell-off
Small and medium-sized life insurers tend to have the most aggressive risk appetites, says Fitch.
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- January 18 2016
China United Insurance US$1bn Hong Kong IPO rumoured
The state-backed insurer is reportedly planning to raise about US$1bn in the second quarter.
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- January 14 2016
Ironshore joins Lloyd’s China platform in Shanghai
Subsidiary Pembroke Managing Agency will initially focus on agriculture, marine and healthcare sectors.
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- January 14 2016
China to merge medical insurance programmes
The move is aimed at making medical insurance accessible for urban and rural residents alike.
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- January 11 2016
Marine reinsurance prices fall even after Tianjin blasts
The blasts at China's Tianjin port has had little or no impact on marine reinsurance prices.
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- January 8 2016
Insurers urged to set up fund management firms in Beijing
The new Beijing insurance industrial park is developing into a showcase for the insurance industry.
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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.
