All the headlines from our China Topic Page, ordered by recency.
Jun 27 2016 // China moved closer on Monday to adopting a controversial cyber security law, after parliament held a second reading of the draft rules, which carry significant consequences for domestic and foreign business and threaten...
Jun 23 2016 // Though insurance is a major component of what it does, Chicago-based Alper Services doesn’t have the word “insurance” in its name for a reason. That’s because from the very beginning the company has...
Jun 21 2016 // AXA SA’s real estate unit is awaiting the outcome of the Brexit referendum before deciding whether to proceed with a plan to build the tallest tower approved in the City of London.“We have not launched the...
Jun 20 2016 // With non-military actors like coast guards increasingly active in the disputed South China Sea, former U.S. Coast Guard Commandant Thad Allen said international law was becoming even more important to keeping a lid on...
Jun 20 2016 // Though insurance is a major component of what it does, Chicago-based Alper Services doesn’t have the word “insurance” in its name for a reason. That’s because from the very beginning the company has...
Jun 9 2016 // Global disasters led to at least $7 billion in claims during May as insurers aid the recovery process following wildfires, floods, and storms, according to Impact Forecasting, Aon Benfield’s catastrophe model...
Jun 2 2016 // Business groups from the U.S. and around the world protested planned cybersecurity rules for the insurance industry in China in a letter to the head of the nation’s insurance regulator.The draft regulations may...
Jun 1 2016 // Anbang Insurance Group Co. withdrew its application to the New York Department of Financial Services to acquire Fidelity & Guaranty Life and plans to refile “in the near future,” according to a regulatory...
Jun 1 2016 // Domestic authorities in European Union member states should stress-test their financial institutions for cyber risks, a top EU supervisor said, saying banks might be required to hold extra capital as a buffer against what...
May 31 2016 // Controversial cyber security regulations for China’s insurance industry, now before the World Trade Organization (WTO), could soon take effect despite efforts by foreign business groups to persuade Beijing to change...
May 24 2016 // China’s second-biggest insurance company, Ping An Group, has become the first Chinese member of a global consortium led by fintech firm R3 which is working on ways blockchain technology can be used in financial...
May 18 2016 // Fosun Group, China’s largest private conglomerate, is aiming to become a world leader in insurance, tourism and healthcare but also has a “clear plan” to reduce its debts, chairman and co-founder Guo...
May 16 2016 // China has asked Britain for advice on plans to create a financial super-regulator, as it looks to improve financial oversight following last year’s stock market crash, sources with knowledge of the talks told...
May 6 2016 // Guo Guangchang, the Chinese billionaire and self-styled disciple of Warren Buffett, is looking to invest in emerging markets for the first time as his conglomerate backs off from its buying spree in developed...
May 2 2016 // American International Group is offering for sale about $1.2 billion worth of shares in China’s PICC Property and Casualty Co. Ltd. (PICC P&C) in a block deal, IFR said on Saturday, citing a term sheet of the...
Apr 21 2016 // China suspended new registrations of finance companies nationwide as authorities started a crackdown on internet finance, business magazine Caixin reported, citing unidentified people familiar with the matter.Applicants...
Apr 19 2016 // White Mountains Insurance Group Ltd. completed its $2.6 billion sale of Sirius International Insurance Group to a division of China Minsheng Investment Corp. Ltd., nine months after the deal was first announced.Out of that...
Apr 15 2016 // Chubb Ltd. announced it has entered into a long-term preferred provider distribution agreement with Suning, one of the largest and most recognized retail brands in China.Under the terms of the agreement, Chubb and Suning...
Apr 12 2016 // As day breaks, hundreds of patients wait to see doctors in a queue that snakes around the Peking Union hospital in Beijing. Many will wait in vain – “scalpers” like Yu Wei have already illegally bought...
Apr 6 2016 // Anbang Insurance Group Co., which walked away from a bid to acquire Starwood Hotels & Resorts Worldwide Inc. last week, has agreed to buy Allianz SE’s operations in South Korea.The Chinese insurer will purchase...