All the headlines from our China Topic Page, ordered by recency.
Sep 26 2016 // Starr Companies has acquired Wright USA from Ironshore Insurance Services, a subsidiary of China’s Fosun Group.Wright USA is an insurance agency and third-party administrator principally providing Federal Employee...
Sep 23 2016 // The summer of 2016 has lurched from one extreme weather disaster to another at great cost in lives and damages. Here are just some of the worst and weirdest, according to insurance statistics and meteorologists: Flooding...
Sep 16 2016 // At least six people died and six are missing as Typhoon Meranti, the strongest storm in the world this year, passed through China.The storm, which earlier killed one person and injured several in Taiwan, claimed three...
Sep 15 2016 // Super Typhoon Meranti delivered very strong wind, high storm surge, and flooding precipitation to southern Taiwan as it passed through Luzon Strait near noon local time Wednesday.According to catastrophe modeling firm AIR...
Sep 15 2016 // Tesla Motors Inc. said it has no way of knowing whether its Autopilot system was involved in a crash in China that killed the driver because the car was too damaged to transmit data.A court in Beijing’s Chaoyang...
Sep 12 2016 // Already equivalent to a Category 4 hurricane with maximum 10-minute sustained winds of 115 knots (212 km/h, 132 mph), super typhoon Meranti is expected to strengthen during the next few days and then make landfall on the...
Sep 9 2016 // China has opened up a new channel for insurers to invest in Hong Kong equities.Insurance funds are now allowed to buy the city’s shares through an exchange trading link with Shanghai, the China Insurance Regulatory...
Sep 8 2016 // Gaming firms, real-estate companies and drugmakers in China are chasing what they hope will be the country’s next hot commodity: private health insurance.At least 29 publicly traded Chinese companies have announced...
Sep 7 2016 // Anbang Insurance Group Co., known for its aborted attempt to buy Starwood Hotels & Resorts Worldwide Inc. in March, is turning its attention from chasing deals to digesting $13.5 billion of overseas acquisitions...
Sep 5 2016 // American International Group (AIG) is seeking to raise about $190 million by selling its remaining shares in China’s PICC Property and Casualty Co Ltd, according to a term sheet of the deal seen by IFR on...
Aug 31 2016 // Fosun International Ltd., the flagship of the Chinese conglomerate that owns Club Mediterranee SA, signaled the company will announce information related to initial public offerings of its healthcare assets before the end...
Aug 30 2016 // Various regulatory initiatives in Asian markets could lead to greater demand for local reinsurance capacity as direct insurers rethink risk management strategies and appetite, according to a report published by Fitch...
Aug 26 2016 // For investors and bankers wanting to know more about who’s behind Anbang Insurance Group, China’s second-largest life insurer, plans for a Hong Kong IPO next year should provide some answers.Anbang’s...
Aug 23 2016 // Anbang Insurance Group Co., the Chinese owner of New York’s Waldorf Astoria hotel, has asked banks to pitch for role on a planned Hong Kong initial public offering next year, according to people with knowledge of the...
Aug 19 2016 // Uber Technologies Inc. may come out ahead by failing to win court approval of a $100 million settlement with drivers.A San Francisco federal judge rejected the agreement on Thursday, a turn of events that would typically...
Aug 18 2016 // Ping An Insurance Group Co. of China Ltd, the country’s second-largest insurer, is aiming for a possible fivefold increase in overseas investments and has not been put off Britain by its vote to leave the European...
Aug 17 2016 // Ping An Insurance (Group) Co., China’s second-largest insurer, said first-half profit rose 18 percent as growth in premiums and banking revenue helped offset the impact of stock-market declines that have hit...
Aug 16 2016 // Liberty Mutual Insurance and Sanpower Group Co. Ltd., one of China’s leading private enterprises, announced they have agreed to create a joint venture from Liberty Mutual’s current Chinese property/casualty...
Aug 15 2016 // Tesla said last week that one of its cars had crashed in Beijing while in ‘autopilot’ mode, with the driver contending sales staff sold the function as ‘self-driving’, overplaying its actual...
Aug 12 2016 // U.S. intelligence officials are planning to provide information including classified threat reports to companies about the risks of hacking and other crimes tied to the supplies and services they buy.The effort is part of...