Country: China Page 80 / 84
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- September 4 2015
Tencent to set up China’s first Internet-based life insurer
The Chinese internet giant is partnering with state-owned firm Citic Guoan on a new internet venture.
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- September 3 2015
China to include treatment, diagnosis of birth defects
The National Health and Family Planning Commission is expanding coverage in its programmes.
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- September 3 2015
Anbang fails in bid to buy Portugal’s Novo Banco
The US$4.5bn bid has fallen through after month-long exclusive talks with Portugal's central bank.
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- September 2 2015
Tianjin blasts will not affect profit, say Chinese insurers
PICC and CPIC say the effect of the accident will be minimal due to reinsurance.
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- August 31 2015
Chinese private equity firm buys Ageas HK unit
JD Capital has struck a deal to buy Ageas’s Hong Kong life insurance unit for HK$10.7bn.
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- August 31 2015
AmCham urges China to open insurance sector
China's insurance industry lacks the experience of foreign insurers, says the US business group.
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- August 31 2015
Chinese insurers join Uber’s US$1bn fundraising
China Life and Ping An Insurance take part in the fundraising of Uber Technologies' China arm.
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- August 31 2015
China trials first earthquake insurance in Yunnan
Six insurance companies have joined in the launching of China's first earthquake insurance trial.
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- August 28 2015
China Life posts 71% profit rise
China Life continues to widen its footprint after bumper life insurance sales during the first half.
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- August 27 2015
Anbang reportedly buying Canadian office tower
The Chinese insurer is said to be conducting due diligence to acquire a 17-storey building in Toronto's financial district.
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- August 26 2015
Tianjin lesson: Open insurance market to foreigners, says Lloyd’s
Lloyd's reinsurance head says China needs to let foreign insurers enter the market after Tianjin wake-up call.
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- August 25 2015
Ping An sees overseas M&A hitting US$7.8bn for 2015
China's second-largest insurer continues to boost its overseas assets as home market falters.
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- August 25 2015
Tianjin blast losses still difficult to estimate, says AM Best
Despite publicised estimates, residents within 3km of the blast site are yet to be assessed.
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- August 24 2015
Bank of China buys majority stake in Samsung life unit
The Chinese lender has paid US$200m for a 51% stake in Samsung Air China Life Insurance.
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- August 24 2015
IAG seeks bigger China presence after profit drop
A 41% drop in full-year net profit has prompted a strategic review for the Australian insurer.
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- August 24 2015
Ping An Insurance posts 62% profit rise
First-half profits were boosted by gains from stock investments and life insurance products.
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- August 21 2015
Four Chinese firms bid for Israel’s Clal Insurance
Four Chinese groups have submitted bids to buy control of Israel's second-biggest insurer.
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- August 20 2015
Tianjin blast losses could be higher than estimates
Fitch says insurance losses from explosion could be more than US$1.5bn.
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- August 20 2015
Tencent said to invest in new life insurer
China's largest internet firm is reportedly eyeing a new US$1.5bn venture.
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- August 19 2015
CIRC seeks quick response to Tianjin claims
China Insurance Regulatory Commission has urged insurers to prioritise claims from last Wednesday's blasts.
