Country: China Page 77 / 84
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- November 26 2015
Allianz teams with Baidu for online China JV
The new venture will offer a range of products, including travel, health and internet finance insurance.
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- November 25 2015
Sichuan province launches earthquake insurance trial
Under the plan, the provincial government will subsidise 60% of the insurance fees for most residents.
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- November 24 2015
Evergrande buys stake in Chinese insurance JV
The Chinese property developer will pay US$617m for a 50% stake in Great Eastern Life Assurance (China).
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- November 24 2015
Fosun completes Ironshore acquisition
The Shanghai-based company has won approvals for the remaining 80% equity stake it didn't yet own.
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- November 23 2015
Russia’s Sogaz Insurance seeks China licence
One of the largest federal insurers in Russia is seeking to open a representative office in Beijing.
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- November 23 2015
More foreign insurers to set up shop in China
President Xi Jinping, in a speech at the Apec summit in Manila, said China will further open its economy.
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- November 20 2015
China considering new financial super-regulator
A regulatory official has revealed that banking, insurance and securities regulators may be merged.
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- November 20 2015
European insurers suffer highest losses from Tianjin
Zurich's US$275 million loss was the highest among insurance companies from around the world.
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- November 19 2015
Fidelidade to invest in China’s capital markets
The Fosun-owned insurer will be the first Portuguese firm to invest in the Chinese stock market.
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- November 19 2015
China to allow insurance firms to broaden investments
The revised regulation could allow investments in office buildings, hotels, business facilities and warehouses.
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- November 18 2015
China seals insurance regulations deal with Russia
CIRC and Bank of Russia agree to promote cooperation between the two countries' insurance regulators.
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- November 17 2015
Chinese car insurers to use big data in pricing
Usage-based insurance in the Chinese auto sector could be a US$47 billion market by 2020.
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- November 11 2015
Anbang agrees to buy US insurer for US$1.6bn
The deal will make Anbang one of the biggest insurers in fixed indexed annuity products in the US.
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- November 10 2015
Returns on China’s variable life insurance products plunge
Sinolink Securities says the products have lost 11.43% on average during Q3 of this year.
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- November 9 2015
China urged to revise cyber security insurance regulations
The draft cyber security regulations for the insurance industry have been met with stern opposition.
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- November 9 2015
Ping An Insurance takes 14.4% stake in HK-listed China developer
The Chinese insurer is paying US$44m for the stake in Landsea Green Properties, the developer announced.
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- November 6 2015
China Life invests US$1bn in US warehouses
The investment is the Chinese insurer's largest cross-border real-estate purchase to date.
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- November 5 2015
China insurers told to settle small claims in five days
The new guidelines are aimed at providing better insurance claim services for customers.
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- November 4 2015
Insurers ink China intellectual property insurance deal
Lloyd's China, Tokio Marine Kiln and PICC have agreed to offer IP infringement liability insurance in China.
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- November 3 2015
Chinese insurers told to increase overseas investments
Domestic bond yields continue to decline, according to Ping An of China Asset Management.
