All the headlines from our China Topic Page, ordered by recency.
Mar 7 2003 // Standard & Poor’s has assigned its ‘BBB’ insurer financial strength and counterparty credit ratings to South China Insurance Co. Ltd. The outlook on the counterparty rating is stable.The ratings...
Feb 5 2003 // Florida-based Genesis Technology Group, Inc. (GETC) has announced the signing of an agreement with Shanghai Dongda Insurance Brokers Company, Limited (Dongda) in Shanghai, China, that provides for GTEC to represent Dongda...
Jan 16 2003 // Chicago’s Aon Corp. announced that it has become the first foreign insurance broker to be granted a license for a joint venture partnership by the China Insurance Regulatory Commission (CIRC). The company received...
Dec 31 2002 // According to a report from the China Securities Journal, Chinese insurance companies will be given greater leeway in setting premium rates and policy conditions for air-accident coverage beginning January 1. The China...
Dec 23 2002 // China’s non-life insurers will be able to compete with the country’s life insurance industry to provide flight passenger insurance polices beginning January 1, 2003. A bulletin from the country’s official...
Dec 16 2002 // When you’re compiling a list of top 10’s, there is always the fear of leaving someone off, admitting someone who maybe does not deserve the billing or having the players out of order of importance. Believe me,...
Dec 10 2002 // Standard & Poor’s Ratings Services announced that it has revised its insurer financial strength and long-term counterparty credit ratings on Hong Kong-based China International Reinsurance Co. Ltd. (CIRe) to...
Nov 26 2002 // The Chinese government announced on Monday that it was extending insurance coverage of war and terrorist risks for the country’s airlines for an additional month, until December 24, 2002. The coverage was first made...
Nov 12 2002 // The Congress of the Chinese Communist Party, currently being held in Beijing, is expected to result in the retirement of many of the party’s present leaders, and the inauguration of a new generation, generally...
Nov 4 2002 // Chinese regulators have given the green light to three more foreign companies to set up operations in the country. Licenses have been approved for the U.S. Liberty Mutual, the U.K.’s Standard Life, and a company...
Oct 9 2002 // The Hong Kong and Shanghai Bank (HSBC) has agreed to take a 10 percent stake in Ping An Insurance, China’s second largest insurer for $600 million. U.S. investment banks Goldman Sachs and Morgan Stanley already have...
Sep 24 2002 // The European Union plans to to end the emergency coverage it has granted to the community’s airline’s for terrorist liability by the end of October, while China’s government announced that it would extend...
Sep 18 2002 // CIGNA Corporation announced that it has received formal approval to enter the Chinese life insurance market from the China Insurance Regulatory Commission, the first new license issued to a foreign insurer by the Chinese...
Aug 20 2002 // Torrential rains, which have already been responsible for flash floods and landslides that have killed an estimated 250 people, are continuing in China’s heavily populated Hunan Province, raising threats of a...
Jun 25 2002 // A report from the Associated Press highlights the significant rise in the number of fires that have struck factories on Taiwan and mainland China, many of which have been of suspicious origin.The article discusses the...
Jun 24 2002 // Some recent events indicate that the Chinese insurance market is becoming more open to foreign insurers. U.S. and Chinese regulators recently concluded an agreement to begin sharing information; AIG opened an office in the...
Jun 24 2002 // Some recent events indicate that the Chinese insurance market is becoming more open to foreign insurers. U.S. and Chinese regulators recently concluded an agreement to begin sharing information; AIG opened an office in the...
Jun 13 2002 // According to several news reports, an official of the China Insurance Regulatory Commission (CIRC) told reporters at a news conference on June 11 that American International Group wouldn’t receive any more licenses...
Jun 7 2002 // American International Group’s CEO, Maurice “Hank” Greenberg, speaking at a news conference in the Chinese capital, Beijing, indicated that the company expects to see revenues from insurance premiums in...
May 29 2002 // Bermuda’s ACE Ltd. announced that it has entered into a strategic business partnership with Huatai Insurance Company, China’s fourth largest property/casualty insurer, and “will acquire 22% of...