All the headlines from our China Topic Page, ordered by recency.
Nov 23 2015 // ACE Ltd. announced key leaders it intends to appoint for the Asia Pacific region of the new Chubb Group’s Overseas General Insurance division, which includes Australia, China, Hong Kong, Indonesia, Korea, Macao,...
Nov 23 2015 // Ironshore Inc. and Fosun International Ltd. announced that Fosun has completed the acquisition of the remaining 80 percent equity interest in Ironshore.Fosun has received approvals from all relevant regulatory authorities...
Nov 16 2015 // Odyssey, IntegroNew York private equity firm Odyssey Investment Partners has completed its acquisition of specialty insurance brokerage Integro Ltd. Financial details of the transaction, first announced in August, were not...
Nov 12 2015 // The year is 2026. Flooding, worsened by climate change, has devastated Bangladesh and driven millions of hungry refugees to its border with India. Worried about unrest and disease, India asks other nations for help.The...
Nov 5 2015 // Foreign business lobbies have asked China to substantially revise proposed cyber security regulations for the insurance industry, signaling a dispute that started with the publication of similar bank technology rules...
Nov 4 2015 // About 2,000 farmers, grain handlers and corn exporters have filed lawsuits against Swiss biotechnology company Syngenta now that a federal judge has ruled their cases have merit to move forward.The lawsuits allege...
Nov 4 2015 // Alper Services has formed a new alliance with Jun Zhou Insurance Agency, a Chicago-based agency specializing in risk management and financial services for high net worth Chinese American individuals and middle market...
Oct 30 2015 // Lloyd’s China, Tokio Marine Kiln and People’s Insurance Company of China Property and Casualty Company (PICC P&C) signed a memorandum of understanding (MoU) to provide intellectual property infringement...
Oct 28 2015 // Validus Holdings Ltd. has appointed Ellie Zhou as underwriting manager for Greater China to support the Validus Groups’ existing Chinese customers and expand the firm’s business in the region. China is one of...
Oct 21 2015 // Lloyd’s announced that it has signed a Memorandum of Understanding (MoU) with China Taiping Insurance Group, “marking a significant level of co-operation between the world’s only specialist insurance and...
Oct 20 2015 // Odyssey Re Holdings Corp. announced that it has received regulatory approval from the China Insurance Regulatory Commission (CIRC) to establish a representative office in China. The bulletin said, the “new office...
Oct 16 2015 // When Insurance Australia Group, the country’s largest general insurer, announced ambitious plans in June to ramp up its business in Mainland China, several institutional investors including Jason Kim were seriously...
Oct 15 2015 // Insurance Australia Group Ltd. scrapped plans for further investment in China and will instead seek growth in other Asian markets, in a sign that Australia’s hopes of boosting services exports to the world’s...
Oct 14 2015 // PartnerRe Ltd. estimates that losses from the August explosion in China’s Port of Tianjin will be between $50 million and $70 million pre-tax and net of retrocession and reinstatement premiums.These losses will be...
Oct 13 2015 // Chinese insurers are pursuing strategic tie-ups and outright mergers and acquisitions to tap Western expertise. They are keen for knowledge on products, pricing and technology as a nascent Chinese market for health and...
Oct 12 2015 // As of the end of 2014 the worldwide property insurance market was worth $360.5 billion in gross written premiums with household (homeowners’) policies making up 54 percent of this total, according to a survey...
Oct 12 2015 // China Reinsurance (Group) Corp., the nation’s biggest reinsurer, will sell about half of its as much as $2 billion Hong Kong initial public offering to cornerstone investors.U.S.-based Prudential Financial Inc.,...
Oct 9 2015 // Typhoon Mujigae – also called Kabayan – made landfall in China’s Guangdong Province on October 4 with reported wind speeds up to 135 miles per hour (217 kilometers per hour) in some locations.Mujigae quickly...
Oct 7 2015 // Validus Holdings Ltd. estimates it lost just under $64 million from the Port of Tianjin explosion and recent earthquake in Chile, a number that matches its Q2 net income.Breaking down this figure, the Bermuda-based...
Oct 5 2015 // The underinsurance of property risk – particularly natural catastrophe risks – has risen steadily over the past 40 years, even though claims payments have increased significantly during that period, according to Swiss...