All the headlines from our China Topic Page, ordered by recency.
Nov 12 2007 // Bermuda’s XL Capital Ltd. will co- sponsor the China Insurance Industry Executive Leadership Program for the second year. The program is designed to identify and develop future leaders among the People’s...
Nov 6 2007 // A five-year campaign to improve China’s notoriously deadly industrial safety record is gaining steam, with accidental deaths falling by nearly 14 percent in the first ten months of this year, the country’s top...
Nov 4 2007 // AmWINS, London American GeneralAmWINS Group Inc., a national wholesale insurance broker based in Charlotte, N.C., reports it has acquired London American General Agency Inc. Based in San Diego, Calif., London American is a...
Oct 23 2007 // AIR Worldwide Corp. (AIR) released the AIR typhoon model for China. The new probabilistic model will help insurers, reinsurers, and brokers better manage the very high typhoon risk intrinsic to one of the world’s...
Oct 19 2007 // The New Jersey-based Chubb Group announced that Federal Insurance Company, a member of the Chubb Group of Insurance Companies, has received approval from the China Insurance Regulatory Commission (CIRC) to convert its...
Oct 16 2007 // Two wholly owned units of Cathay Financial Holding Co. have obtained approval from Chinese regulators to enter the property insurance market on the mainland, the Taiwanese company has said.Cathay Life Insurance Co. and...
Oct 12 2007 // AIR Worldwide’s preliminary estimates of insured losses caused by Typhoon Krosa originally assessed the damage in Taiwan (See IJ web site Oct. 11). However, the storm subsequently crossed the South China Sea, and has...
Oct 3 2007 // First comes the “wind shower.” Wearing overalls and rubber boots, employees at Fusheng Food Co. in Qingdao stand in a narrow room as air jets in the walls blow away any dust on them. They wade through...
Oct 3 2007 // Officials must try harder to resolve China’s product safety problems, especially at lower levels that oversee manufacturing, the chief of a special panel in China says.In a meeting to evaluate the progress of a...
Sep 24 2007 // Recalled toys sit in the foreground as Sen. Richard Durbin, D-Ill., calls on a witness during the Senate Appropriations subcommittee hearing on Capitol Hill in Washington, Wednesday, Sept. 12, 2007, to discuss toy safety...
Sep 24 2007 // Wave of recalls pushes broker, insurer roles in product safety, recall planning into limelightProduct manufacturers are constantly looking for ways to stay competitive in a global marketplace and sourcing products and...
Sep 24 2007 // HRH, Bank of AmericaInsurance broker Hilb Rogal & Hobbs Co. has agreed to purchase Banc of America Corporate Insurance Agency, L.L.C., a segment of Bank of America, N.A., and a middle market insurance intermediary in...
Sep 19 2007 // Shanghai, China’s financial hub, has been spared the full impact of Typhoon Wipha, as the storm’s center passed around 60 miles (100 kms) to the west of the densely populated area. Wipha weakened substantially...
Sep 17 2007 // S.A. Meacock and Co. is the most recent Managing General Agent to join Lloyd’s rapidly-growing China platform, bringing the total to 11.Ian Faragher, Managing Director of Lloyd’s China Re, observed that the...
Sep 14 2007 // The U.S. government has agreed with China to improve information-sharing on auto safety in the aftermath of a recall of thousands of defective Chinese-made tires over the last several months.The “memorandum of...
Sep 14 2007 // Mattel Inc. CEO Robert Eckert pledged Wednesday to work to improve toy safety, and insisted that the company acted responsibly in recalling millions of Chinese-made toys because they contained lead paint or small...
Sep 4 2007 // Zurich Financial Services Group announced the implementation of “an innovative distribution strategy for the rapidly growing Chinese insurance market.” The giant Swiss insurer has renamed Best Harmonious...
Aug 23 2007 // Tests of two Chinese brands of dog treats sold at Wal-Mart stores found traces of melamine, a chemical agent that led to another massive pet food recall in March, a spokeswoman said Aug. 21.Wal-Mart quietly stopped selling...
Aug 16 2007 // Despite recent product recalls, brokers and insurers are rising to the challenge of insuring the Chinese manufacturing industry for recalls, according to a leading insurance broker and risk management consultant.However,...
Aug 15 2007 // Less than two weeks after Mattel Inc. recalled 1.5 million Chinese-made toys because of lead paint, the toy industry is bracing for another blow that could give parents more reason to rethink their purchases just before...