All the headlines from our China Topic Page, ordered by recency.
Oct 6 2004 // Global insurance broker Willis Group Holdings announced the purchase of the business portfolio of Hong Kong-based insurance broker The Grande Insurance Broker Limited. Terms of the transaction were not disclosed. Willis...
Sep 20 2004 // This is the second in a series of articles on the Asia insurance marketplace. The next article in this series will focus on Japan and will appear in an October issue of Insurance Journal.An ancient Indian parable tells the...
Aug 25 2004 // Even as Typhoon Aere continued to ravage Northern Taiwan and the capital Taipei with 84 mph (140km/h) winds and heavy rains, authorities on the Chinese mainland were preparing for the storm’s arrival. Aere has...
Aug 20 2004 // In a widely anticipated move, the China Insurance Regulatory Commission (CIRC) has reportedly announced plans to loosen the country’s tight currency controls by allowing domestic (as well as foreign) insurers to...
Aug 18 2004 // Global insurance broker Willis Group Holdings has received final approval and certification from the China Insurance Regulatory Commission (CIRC), for its joint venture operation, Willis Pudong Insurance Brokers Co., Ltd.,...
Jul 19 2004 // This is the first in a series of articles on the Asia insurance marketplace. Part two in this series will focus on India and will appear in a September issue of Insurance Journal. “Let China Sleep, for when she...
Jul 14 2004 // China wants to build an insurance system in two to three years to protect against natural catastrophes, which officials estimate cause some $17 million in losses every day.China Daily reported that the Insurance Regulatory...
Jun 28 2004 // China’s official Xinhua news Agency announced that the gross assets owned by the country’s insurance sector reached a record high of 1.0359 trillion yuan ($126.3 billion) by the end of May. Premiums totaled...
Jun 23 2004 // According to news reports the China Insurance Regulatory Commission (CIRC) will soon permit the country’s insurers – foreign and domestic – to make direct investments in China’s stock market.The...
Jun 9 2004 // Castek Inc. announced a business partnership with Global InfoTech Co. Ltd. to provide localization and implementation services for the Insure3 Suite of P/C insurance business applications in China. “Castek is...
Jun 8 2004 // Castek Announces Agreement with Global InfoTech to provide resale and implementation services for the Insure3 suite of products in The People’s Republic of China.Castek Inc. is pleased to announce a business...
Jun 2 2004 // General Re Corporation, a subsidiary of Berkshire Hathaway Inc., announced that it has been issued a license to operate as a composite reinsurance company in China on a nationwide basis.Gen Re’s branch will be...
May 19 2004 // Net U.S. investment in Europe has slowed considerably in the past decade, J. Bradford DeLong, professor of economics at the University of California at Berkeley, told directors of RiskProNet International Inc., at recent...
Apr 21 2004 // Zurich’s Emerging Markets Solutions group, the company’s political risk and trade credit insurance unit, announced that it has signed a memorandum of understanding with the China Export & Credit Insurance...
Apr 15 2004 // SCOR Group Chairman Denis Kessler announced in Beijing that the Group has submitted an application to the China Insurance Regulatory Commission (CIRC) for a reinsurance license to reinforce and develop its non-life...
Apr 12 2004 // Findings from MetLife’s 2003 Employee Benefits Trend Study reveal that Chinese-speaking workers are significantly less concerned than the general employee population about financial security, ranging from issues such...
Apr 9 2004 // Global brokerage Willis Group Holdings announced that it has received approval from the China Insurance Regulatory Commission to complete the purchase of a 50 percent equity stake in Shanghai Pudong Insurance Brokers Ltd.,...
Apr 1 2004 // Michael Diekmann, Chairman and CEO of the Allianz Group, has expressed his confidence in the company’s prospects in the Chinese market.On his first visit to the country since taking over Allianz, Diekmann and Werner...
Mar 26 2004 // Chinese regulators have approved plans for a joint venture between U.S. life insurer MetLife Inc. and the owner of the Beijing International Airport, MetLife said Thursday.The U.S. company has a 50 percent stake in the 500...
Mar 25 2004 // New Jersey-based GAB Robins Group of Companies, one of the world’s leading claims services firms, announced that the China Insurance Regulatory Commission (CIRC) has awarded the company a license to operate in...