All the headlines from our China Topic Page, ordered by recency.
Dec 14 2007 // Willis Group Holdings will expand its global graduate program in 2008, following the program’s “huge success” in China. The number of places available to students has risen from 14 in 2007 to 20 in 2008,...
Dec 11 2007 // Nobel Laureate Al Gore accepted the 2007 Nobel Peace Prize in Oslo Monday night Dec. 10 with a direct appeal to the U.S. and China to take action to curb greenhouse gas emissions, notably CO2.R. K. Pachauri, the Chairman...
Dec 7 2007 // Treasury Secretary Henry Paulson said that U.S. worries about Chinese product safety will be a major topic at high-level economic talks with China next week.The so-called Strategic Economic Dialogue comes as the United...
Dec 6 2007 // CNinsure Inc., an independent insurance agency and brokerage company operating in China, has announced the signing of definitive agreements to acquire a 60 percent stake in Guangdong Fangzhong Insurance Surveyors &...
Dec 5 2007 // A.M. Best Co. has affirmed the financial strength rating of B+ (Good) and the issuer credit rating (ICR) of “bbb-” of China Insurance (NZ) Company Limited of New Zealand with a stable outlook. The ratings...
Nov 30 2007 // Fortis, the Belgian/Dutch banking and insurance group, and Ping An Insurance (Group) Company of China, Ltd. jointly announced that Ping An Life Insurance Company of China, Ltd.,a subsidiary of Ping An Group, had acquired...
Nov 13 2007 // Lloyd’s has released a research report on China’s rapidly developing insurance market, which it said “explores the key trends in the Chinese non-life insurance market and the opportunities they present...
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...