Country: China Page 81 / 84
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- August 19 2015
Chinese online insurance sales triple in first half
Sales reach more than Rmb80bn, though online still accounts for less than 5% of China's insurance premiums.
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- August 18 2015
Chinese blast claims could reach US$1.5bn
Chinese insurance companies are bracing themselves for huge insurance claims after the Tianjin explosion.
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- August 17 2015
Oceanwide to launch Chinese reinsurer
The Chinese property conglomerate has announced plan to launch a reinsurance start-up.
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- August 17 2015
Anbang Insurance leads race to buy Novo Banco
Anbang's US$4.45bn bid to acquire Portugal's Novo Banco is likely to be selected by the Bank of Portugal.
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- August 17 2015
Hyundai assessing damage caused by Chinese explosion
South Korea's top carmaker said 4,000 of its vehicles were damaged in the explosion that rocked Tianjin.
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- August 12 2015
Insurance complaints on the rise in China
In the first six months of this year, complaints about insurance contracts in China grew by 4.03%.
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- August 6 2015
China to punish firms leaking medical insurance data
Insurance regulator to carry out inspections on firms found to have irregularities.
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- August 5 2015
China Reinsurance files for HK IPO
State-owned reinsurer could raise up to US$2bn, hires CICC, UBS and HSBC as joint sponsors.
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- July 30 2015
Alibaba Health and CPIC Allianz team up
The two firms have signed an agreement that could set a new model for online health insurance services in China.
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- July 29 2015
China Minsheng to buy Sirius for US$2.2bn
Acquisition of Sirius seen to give support to CMI's efforts to expand in the Bermuda reinsurance sector.
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- July 29 2015
China urges insurers to go digital
Insurance regulator CIRC has issued guidelines to encourage insurers to use the internet to reach more clients.
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- July 28 2015
China approves Anbang’s Vivat acquisition
The Chinese insurer will inject US$1.48 billion into Dutch state-owned Vivat as part of the deal.
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- July 24 2015
China expands medical insurance for critical illnesses
The critical illness insurance system will cover more urban and rural residents.
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- July 22 2015
Tokio Marine looks for China growth opportunities
Japan's largest non-life insurer to use Citic's expertise and connections to accelerate business development in China.
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- July 21 2015
China to support online insurance businesses
China's central bank is encouraging insurers and other financial institutions to improve their online offering.
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- July 21 2015
Anbang bids for London’s Heron Tower
Anbang Insurance is bidding £750m for the tallest building in the City of London financial district.
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- July 20 2015
Typhoon Chan-hom claims predicted at US$350m
Insured losses are unlikely to exceed US$354.3m, according to AIR Worldwide's catastrophe risk modelling.
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- July 16 2015
China Life posts record-high net income
China's largest life insurer posts a 103% rise in net income to NT$5.71 billion.
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- July 15 2015
‘No insurance, no entry’ for Chinese visiting Taiwan
Tourism bureau will require insurance that covers unexpected illnesses or injuries sustained while in Taiwan.
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- July 15 2015
Guy Carpenter hails Panda bond as “historic”
Cat bond exemplifies the benefits of convergence between reinsurance and capital markets, says David Priebe.