All the headlines from our China Topic Page, ordered by recency.
Mar 7 2006 // The Generali Group announced impressive preliminary results for 2005 and an ambitious growth plan at a general meeting yesterday, March 6, in Milan. 2005 profits rose 15 percent to €1.918 billion ($2.3 billion). The...
Mar 7 2006 // American International Group Inc. (AIG) reported that Olin Wethington, former special envoy on China, U.S. Department of the Treasury, has joined AIG as chairman of AIG Companies in China, a new position. In this capacity,...
Mar 3 2006 // Xinhua Finance Limited, China’s foremost financial information and media provider, announced that it has signed an agreement to acquire Beijing Alpha Financial Engineering Company, one of the country’s leading...
Mar 2 2006 // Germany’s Allianz announced on its Web site (www.allianz.com) that it has launched its first joint life and non-life insurance Sales Center in Shenzhen, China. “The Center maximizes the synergies between...
Feb 27 2006 // At a time when they face pressure to bring more uniformity to their own domestic regulatory operations, the nation’s state regulators are also increasingly active in efforts to harmonize the rules governing...
Feb 23 2006 // Insurance Australia Group Ltd. (IAG), the country’s biggest auto and home insurer, posted a six-month profit for the period ended Dec. 31, 2005 of A$461 million (US$340.7 million). However, overall policy sales...
Feb 22 2006 // National and International members of the China seatbelt intervention Steering Committee met this week in Beijing to discuss the progress of a leading project in the province of Guangzhou, which addresses the low usage of...
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...