Country: China Page 78 / 85
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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.
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- November 2 2015
China to extend, improve old-age insurance coverage
The government said in March that nearly 200 million Chinese have yet to be included scheme.
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- October 30 2015
Swiss Re declares profit rise despite Tianjin losses
The Zurich-based re-insurer posted a 13% rise in Q3 profit even after US$250m Tianjin losses.
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- October 30 2015
China Life’s net profit plunges 74% in Q3
China's biggest insurer by market value saw its net profit dive by more than Rmb6.5 billion.
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- October 28 2015
Chinese insurers spending billions on global property
Firms plan to spend a total of US$240bn in the international property market in the coming years.
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- October 26 2015
Beijing seeks to expand insurance collaborations with Taiwan
Life, health and liabilities insurance policies to form part of discussion in closed door meeting.
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- October 26 2015
Samsung Bank China Life begins operation
New shareholder Bank of China allows Korean insurer to operate life businesses in China.
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- October 23 2015
China Re’s not-so-public offering
Fewer than half of the 5.77 billion shares on sale were actually offered to the public, with 56% going to cornerstones.
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- October 23 2015
China and Taiwan hold cross-strait insurance talks
The meeting is aimed at standardising regulations and improving mutual market access.
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- October 23 2015
Lloyd’s and China Taiping sign cooperation deal
Under the terms of the MoU, Lloyd's will help China Taiping to expand its global business network.
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- October 22 2015
Chinese insurers see improved investment returns
China's insurance investment return rate will hit about 2% higher this year than last year.