All the headlines from our China Topic Page, ordered by recency.
Feb 19 2008 // What appeared to be a metal staple was found in a lollipop at a Florida elementary school, a day after a woman reported a blade-like piece of metal in another bag of the same product, made in China. It has been pulled from...
Feb 15 2008 // A.M. Best Co. has affirmed the issuer credit rating (ICR) of “a” of Mapfre S.A. (formerly Corporacion Mapfre S.A., the holding company of Spain’s Mapfre Group) and the ratings of “a” on the...
Feb 11 2008 // Lockton has created a China Desk in London managed by Jiong Zhang, to reinforce the global broker’s existing relationships with insurance and reinsurance clients in the Far East.Lockton’s Executive Chairman...
Feb 6 2008 // France’s SCOR Group has received final approval to start operating a Property and Casualty branch in Beijing from the China Insurance Regulatory Commission (CIRC). The endorsement of SCOR’s request to set up a...
Feb 6 2008 // A report from Boston-based AIR Worldwide, analyzes the havoc caused by a series of winter storms that have been sweeping across China for nearly a month. AIR described them as the “China’s worst winter storms...
Feb 4 2008 // Reinsurance and risk intermediary Benfield announced that it has received approval from the China Insurance Regulatory Commission (CIRC) to open a new representative office in Beijing.The new facility adds to...
Feb 4 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Taiwan’s South China Insurance Co., Ltd. with a stable outlook. “The...
Feb 1 2008 // CNinsure Inc., a leading independent insurance agency and brokerage company operating in China, is acquiring majority interests in Changsha Lianyi Insurance Agency Co., Ltd. (Lianyi) and Jiangmen Fanhua Zhicheng Insurance...
Jan 31 2008 // China’s financial capital saw fresh snowfall Wednesday as the impact of unusually wintry weather deepened, highlighting the vulnerabilities of the country’s booming economy.Heavy snows in recent days have...
Jan 28 2008 // EADS, the European consortium that designs and builds the Airbus coimmercial aircraft, has selected Willis Group Holdings as the insurance broker for a new Airbus A320 final assembly line in Tianjin, China – the...
Jan 24 2008 // Marsh’s London office reports that the insurance broker has launched a London-based division of its China Global Client Services practice.The new division, headed by Robert Wendin, will provide “comprehensive...
Jan 23 2008 // A major Chinese insurer has announced plans to raise up to $22 billion (euro15.0 billion) for acquisitions at a time when U.S. and European banks, battered by mortgage losses, want infusions of Asian capital to replenish...
Jan 23 2008 // New Zealand Trade Minister Phil Goff said this week he’s hopeful China and New Zealand have completed formal talks to finalize a free trade agreement between the two states — the first such deal by China with an...
Jan 16 2008 // Commercial and industrial property insurer FM Global has opened a representative office in Beijing, China following the receipt of approval from the China Insurance Regulatory Commission (CIRC). The regulator gave its go...
Jan 10 2008 // A.M. Best Co. has assigned indicative ratings of “bbb” on senior debt, “bbb-” on subordinated debt and “bb+” on preferred stock to Bermuda-based Allied World Assurance Company Holdings,...
Jan 9 2008 // CNinsure Inc., an independent Chinese insurance agency and brokerage company, announced the signing of a definitive agreement to acquire a 60 percent stake in Hubei East Century Insurance Agency Co., Ltd. The transaction...
Jan 4 2008 // CNinsure Inc., an independent Chinese insurance agency and broker, announced that it has signed a definitive agreement with three entrepreneurs to jointly establish Zhejiang Fanhua Tongchuang Insurance Agency Co., Ltd. The...
Dec 31 2007 // The debate over climate change captured the world’s attention, including the insurance industry’s, in 2007, while major hurricanes spared the United States’ coastline. The soft market took hold of...
Dec 23 2007 // The debate over climate change captured the world’s attention, including the insurance industry’s, in 2007, while major hurricanes spared the United States’ coastline. The soft market took hold of...
Dec 21 2007 // Standard & Poor’s Ratings Services has revised its ratings outlook on the counterparty and insurer financial strength ratings on Insurance Australia’s group of companies to negative from stable. S&P...