Country: China Page 78 / 84
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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.
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- October 22 2015
Odyssey Re gets approval to establish office in Beijing
The US-headquartered reinsurer says China is a strategically important and evolving market.
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- October 21 2015
Alibaba to offer ‘Good Samaritan’ insurance
Alibaba is offering to cover the legal costs for people blackmailed after helping those in need.
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- October 16 2015
IAG drops China to focus on other Asian markets
The Aussie insurer has decided to abandon its plan to further expand in China, according to a report.
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- October 15 2015
Shanghai’s rich account for 15% of China’s life premiums
Just 160,000 Shanghainese account for about 15% of the total life insurance premiums in China.
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- October 14 2015
Chinese insurers tapping international expertise
Expertise on products, pricing and technology is being sought through mergers and acquisitions.
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- October 13 2015
Investors commit US$1.2bn for China Re IPO
Cornerstone investors include Great Wall Pan Asia, State Grid and China Development Bank.