Country: China Page 78 / 78
-
- May 11 2015
China’s insurers raising capital for M&A
Fosun is set to raise US$1b as mainland insurers increasingly look overseas for investment opportunities.
-
- May 9 2015
State-owned insurer China Taiping eyes raising US$1.74bn in share sale
The proceeds would be used to expand its insurance business and grow into new areas.
-
- May 7 2015
Anbang gets green light to acquire Belgium’s 100-year-old insurer
Acquisition marks the first time a Chinese insurance company acquiring 100% ownership of a European insurance firm.
-
- May 7 2015
China encourages citizens to buy private health insurance
State Council offers tax reductions for premium payments of less than Rmb2,400 (US$392) per year.
-
- May 4 2015
Fosun strikes US$1.8bn deal with US insurer Ironshore
Fosun already owns 20% of the casualty and property insurer, which it bought in August 2014 for US$464m.
-
- May 1 2015
Aegon, and Tsinghua Tongfan invest in Chinese life insurer
Potential of China’s life insurance market attracts investment.
-
- April 28 2015
China sets charges for deposit insurance scheme
Scheme unlikely to have a major impact on banks and premiums.
-
- April 27 2015
China’s Fosun to invest in more European and US insurance firms
OneBeacon Insurance Group also said to be a target.
-
- April 23 2015
China’s PSBC’s US$3bn stake sale attracts global investors
Bidders include Singapore's Temasek Holdings and French bank BNP Paribas.
-
- April 21 2015
Chinese insurers report double-digit profits
Growth partly attributed to large gains in ROI.
-
- April 16 2015
Zhong An Insurance passes $10bn valuation
Zhong An has underwritten over 630 million insurance policies and serviced 150 million clients in its first year of operation.
-
- April 16 2015
China warns of strange stock price insurance product
The online insurance product claims to provide protection against stock price volatility.
-
- April 14 2015
Fitch affirms IFS A- rating of China’s Huaxia Life
The Beijing based insurer has become the largest player in the UL segment in terms of new premiums, says Fitch.
-
- April 9 2015
Fubon considering cross-strait cooperation with Ping An
Policyholders would be able to settle a claim at more than 700 China Ping An service counters should they have an accident in China.
-
- April 9 2015
China Life and Ping An make their first US real estate investment
The project includes a 13-story office building and a 100-unit, nine-story condominium tower.
-
- April 2 2015
AIG unloads $500m stake in China’s PICC
America's biggest commercial insurer cuts its stake in PICC Property & Casualty to 8.2% as it seeks to raise funds.
-
- March 26 2015
China’s insurance industry solvency remains stable
China's insurance regulator says industry solvency is stable despite the impact of the second-generation solvency regime.
-
- March 25 2015
Chinese insurers trial heavy equipment insurance
Seven Chinese insurers have joined a pilot scheme to co-insure heavy equipment or high-technology.
-
- March 19 2015
Chinese insurers invest $4.79b in nursing homes
Encouraged by central government, eight insurers are building nursing homes across China.
-
- March 16 2015
China considers launching a deposit insurance scheme in H1
The proposed scheme will pay a maximum compensation of Rmb500,000 (USD81,500) per depositor should a bank suffer insolvency.
