All the headlines from our China Topic Page, ordered by recency.
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...
May 27 2002 // As rescuers attempt to locate the flight recorders, and continue the grim task of trying to recover the remains of the 225 people aboard a China Airlines 747 that apparently disintegrated on a flight from Taipei to Hong...
May 24 2002 // Recent moves have confirmed the reality of the expanding Chinese insurance market. They include an agreement between U.S. and Chinese regulators to share information; an announcement that AIG has been granted a first ever...
May 2 2002 // Germany’s Allianz posted an article on its web site that sounds an upbeat note about doing business in China, and singles out Shanghai as the best place for banks and insurance companies to locate.The report notes...
Apr 17 2002 // According to reports from China’s Xinhua News Agency, the Beijing Insurers Association has taken the lead in establishing a special team of investigators and dispatching them to South Korea to examine and expedite...
Mar 20 2002 // The Hong Kong and Shanghai Bank Corp. (HSBC), which despite its name is actually based in London, announced plans to to tap the growing insurance market in mainland China by opening branches of HSBC Insurance in Beijing,...
Feb 5 2002 // Judging from a report by Xinhua, the official Chinese news agency, the insurance market in the People’s Republic is thriving with total income for 2001 of 210.94 billion yuan ($25.5 billion), a 32.2 percent increase...
Dec 10 2001 // Following up on earlier reports (See IJ Website, Dec.7), the Wall Street Journal has indicated that Chinese Premier Zhu Rongji and American International Group’s CEO Maurice “Hank” Greenberg have...
Dec 7 2001 // Of the hundreds of compromises and agreements reached before China was formally admitted to the World Trade Organization last month, one dispute stubbornly refused to go away – the clash between American...
Nov 30 2001 // According to a report from Reuters News Agency, Aon Corp., the world’s second largest insurance broker, is in the process of concluding a 50/50 partnership arrangement with China’s state-owned COFCO, and...
Oct 26 2001 // According to a report from China’s official Xinhua News Agency, monitored by the BBC, eight insurance companies have received approvals from the Chinese government to begin operations, and/or to expand current...