All China articles
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NewsChina is post peak but a Taiwan war would be “uniquely crazy” - Lord Patten speech
Spooks might rate the risk of conflict at 50:50, but Hong Kong’s last British governor used an insurance example to illustrate why Beijing is unlikely to launch a war with Taiwan.
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NewsLaw firm Dentons quits China amid counter-espionage law fears
Dentons announced its split from its Chinese entity, Beijing Dacheng, citing concerns about data protection and cybersecurity since China’s new spying law took force in July.
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NewsGallagher Re makes leadership appointments in China
Reinsurance broking firm makes new appointments in Lou and Xia.
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NewsPolitical risk is now everyone’s risk – WTW
Nine in ten companies suffered a political risk loss in the past year, according to a WTW report.
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NewsChina insurance outlook revised on easing of lockdown rules
AM Best has revised its market segment outlook on the China non-life insurance industry to stable from negative
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NewsMapfre Re gets the green light for China subsidiary
The new business, which has initial operating capital of €72.5m, will be led by Ignacio Rodríguez Arteche
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NewsChina port restrictions spells further supply chain disruption
A week’s delay of essential trade at Ningbo could impact $4 billion worth trade, warns Russell Group
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NewsChina – a cyber powerhouse?
It is clear that China has stepped up its cyber espionage capabilities, but what is its aim?
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NewsChinese insurers endure costliest-ever nat cat
The total economic cost of flooding in China in July has been estimated at nearly $25 billion - Impact Forecasting
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NewsPing An Insurance annual profit drops for first time since 2008
The insurer reported a 4.2% drop in annual net profit, in part due to a slowdown in agent sales.
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NewsAllianz gets approval to set up insurance asset management firm in China
Allianz said on Thursday it had obtained regulatory approval to set up China’s first wholly foreign-owned insurance asset management company, as the German insurer steps up expansion in the world’s second-biggest economy. The greenlight from the China Banking and Insurance Regulatory Commission (CBIRC) comes a month after the signing ...
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NewsJapan’s Daiwa bets on securities underwriting business in China, CEO says
China has unveiled a slew of measures in recent years to open up its financial sector - worth trillions of dollars - to foreign firms, including banks, fund management, brokerages and insurance businesses.
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NewsChina to tighten supervision of country's online insurance business
China’s banking and insurance regulator issued draft rules on Monday to rein in risks accumulated in country’s booming online insurance sector. The rules, on which the regulator is seeking public feedback till Oct. 28, will ban unlicensed institutions and individuals from participating the online insurance businesses, including selling and ...
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NewsChina’s general insurance industry growth to slow down in 2020 due to COVID-19, says GlobalData
The China’s general insurance industry is forecast to grow by 3.8% in 2020, compared to 5.7% registered in 2019, according to GlobalData, a leading data and analytics company.
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NewsTesla is to expand its insurance business in to China
Tesla is gradually starting to expand its insurance business outside of California — starting with a new business unit in China. Last year, Tesla launched its own insurance program , starting with availability in California, where the automaker claims up to 30% cheaper premiums than the competition. It’s ...
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NewsChina’s economic recovery makes it attractive but presents challenges to foreign insurers, says GlobalData
China has emerged as the first country globally to post positive economic growth during the COVID-19 pandemic. The country is also expected to witness continued expansion of life and non-life insurance making it an attractive market for foreign insurers.
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Online onlySCOR LAUNCHES AN INSURANCE INFORMATION PLATFORM IN CHINA
In the battle against COVID-19, SCOR has set up an insurance information platform in China to help those on the frontlines stay informed of their rights and access cover.