Country: China Page 80 / 85
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- September 22 2015
Chinese insurers now allowed to set up PE funds
Insurers can set up growth, buyout, mezzanine, real estate and venture capital funds.
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- September 21 2015
China Re wins approval for US$2bn Hong Kong IPO
The company is offering up to 15% and expects to pitch the deal to investors in early October.
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- September 18 2015
Fed delays rate hike amid China concerns
Asian markets woke up on Friday to news that the US Federal Reserve would not be hiking interest rates.
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- September 17 2015
Cargo losses from Tianjin blasts could reach US$6bn
Significant impact on the marine insurance sector should serve as wake-up call to all cargo insurers.
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- September 16 2015
Alibaba’s Ant Financial takes control of Cathay Insurance
The investment will allow a quicker entrance to mainland China's insurance market.
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- September 14 2015
Lloyd’s set to double China insurance business
Lloyd's chairman John Nelson expressed confidence that the firm will double its business in China this year despite a very competitive insurance market across Asia. Nelson said Lloyd's regional expans... To continue reading the full article and get full access to the InsuranceAsia News platform, please enquire about a subscription. Your company may already have […]
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- September 10 2015
China firm launches overtime insurance scheme online
People in China who usually have to work overtime may now be able to take a new type of policy.
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- September 9 2015
Tianjin’s insurance losses could reach US$3.3bn
The accident is likely to constitute one of the largest insured man-made losses to date in Asia.
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- September 8 2015
Chinese insurers post record-breaking profit
The recent market turmoil is not reflected in strong first-half results, led by China Taiping.
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- September 4 2015
Asia is home to the world’s riskiest cities
The region's cities face diverse threats, ranging from storms and earthquakes to market crashes and pandemics.
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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.
