All the headlines from our China Topic Page, ordered by recency.
Feb 1 2006 // Italy’s Assicurazioni Generali announced that it has received the go-ahead from the China Insurance Regulatory Commission (CIRC), to set up a joint venture to operate in the non-life sector with its partner, China...
Jan 31 2006 // Bermuda’s XL Capital Ltd. reported two developments in its global insurance business. It has received the approval of the China Insurance Regulatory Commission to open a Representative Office in Beijing.XL has also...
Jan 27 2006 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) and the issuer credit rating of “a-” of Hong Kong-based China International Reinsurance Company Limited...
Jan 27 2006 // Fitch Ratings announced that it has placed China Insurance International Holding Co. Ltd.’s (CIIH) long-term rating of “BBB-” and the senior debt rating of “BBB-” assigned to the guaranteed...
Jan 27 2006 // Germany’s Allianz Group, investment bank Goldman Sachs and American Express Company, have agreed to jointly acquire a 10 percent stake in China’s largest bank, Industrial and Commercial Bank of China Limited...
Jan 26 2006 // Zurich Financial Services has released an interview with the Group’s CEO, James Schiro, to coincide with the ongoing conference of international business leaders, being held in the Swiss resort of Davos.Schiro, an...
Jan 10 2006 // AIR Worldwide Corporation and Insurance Services Office Limited, the U.K.-based provider of personal injury claims and anti-fraud insurance services and solutions, announced the opening of the AIR Worldwide Corporation...
Jan 5 2006 // A report from Dow Jones newswires in Hong Kong notes that Miao Jianmin, vice chairman and CEO of China Insurance International Holdings Co., the holding company for the Tai Ping insurance businesses in China, has...
Dec 21 2005 // A.M. Best Co. announced that it has affirmed the financial strength rating (FSR) of “B+” (Very Good) and assigned an issuer credit rating of “bbb-” to New Zealand-based China Insurance (NZ) Company...
Dec 12 2005 // AIR Worldwide Corporation (AIR) and ISO reported the opening of the AIR Worldwide Corporation Beijing Representative Office in China. AIR, a subsidiary of ISO, helps more than 400 insurers, reinsurers, government agencies...
Dec 4 2005 // Willis Expands in China, Latin America: In a breakthrough agreement, global insurance broker Willis Group Holdings Limited, has received written approval from the China Insurance Regulatory Commission (CIRC) to increase...
Nov 15 2005 // In a breakthrough agreement, global insurance broker Willis Group Holdings Limited, announced that it has received written approval from the China Insurance Regulatory Commission (CIRC) to increase its ownership interests...
Nov 10 2005 // Lloyd’s announced that it has been given the green light to establish an on-shore reinsurance operation in China.“The on-shore license will give Lloyd’s an important strategic foothold in one of the...
Oct 26 2005 // Standard & Poor’s Ratings Services announced from its Hong Kong office that it has affirmed its “A-” insurer financial strength and counterparty credit ratings on China International Reinsurance Co....
Sep 26 2005 // Typhoon Damrey, described as the strongest storm to hit the area in 30 years, roared across China’s Hainan Island earlier today. According to news reports at least two people were killed and some 170,000 were forced...
Sep 12 2005 // At least nine people have lost their lives, many more are injured or missing, and more than one million have been evacuated as Typhoon Khanun lashed China’s Zheijang province with high winds and torrential rains. The...
Sep 5 2005 // Extreme Weather Hits Europe: Devastating wild fires in Portugal; torrential rains in Switzerland, Austria, Germany and Romania; drought in much of France. There seems to be no end to the list of extreme weather conditions...
Sep 5 2005 // At least 73 people have died in eastern China as Typhoon Talim slammed into the coast, triggering floods and landslides. China’s Xinhua News Agency reported that around 53 people have died in Anhui Province, the...
Sep 5 2005 // Extreme Weather Hits Europe: Devastating wild fires in Portugal; torrential rains in Switzerland, Austria, Germany and Romania; drought in much of France. There seems to be no end to the list of extreme weather conditions...
Sep 5 2005 // Allmerica Exits Life SalesAllmerica Financial Corp. is getting out of the variable annuity and variable life insurance business, selling those operations to The Goldman Sachs Group Inc. as part of a $385 million deal....