All the headlines from our China Topic Page, ordered by recency.
May 7 2015 // China Taiping Insurance Holdings Co. plans to raise HK$13.5 billion ($1.7 billion) in a private share sale after its stock price more than doubled in the past year.The insurer will sell 486 million shares at HK$27.74 a...
May 4 2015 // Fosun International Ltd., the investment arm of China’s biggest closely held conglomerate, is planning a $1.84 billion merger with Ironshore Inc. after buying the shares it doesn’t already own in the...
May 1 2015 // Authorities in the southern Chinese city of Guangzhou have raided the local office of online ride-hailing service Uber on suspicion of “unlicensed operation,” seizing a number of mobile phones, the official...
May 1 2015 // The death toll from Nepal’s devastating earthquake rose steadily past 6,200 on Friday as fresh aftershocks and the stench of rotting bodies made it hard for nervous survivors to return to their homes.Disposal of the...
Apr 29 2015 // Ping An Insurance (Group) Co., China’s second-biggest insurer, said first-quarter profit rose 85 percent as stock-market rallies boosted investment returns and banking revenue expanded.Net income climbed to 20...
Apr 28 2015 // Meadowbrook Insurance Group, Inc., headquartered in Southfield, Mich., announced that the group’s shareholders have formally approved the pending acquisition of Meadowbrook by Fosun International Limited.In late...
Apr 24 2015 // AIA Group Ltd., the third-largest Asia-based insurer by market value, said the value of new business climbed 20 percent in the first quarter, meeting analysts’ estimates.The measure of projected future profitability...
Apr 20 2015 // Willis Group Holdings plc’s Rafal Walkiewicz and Michael Guo, who were promoted last week to lead the investment-banking operation, are focusing on Asia as they vie with Wall Street in advising insurance...
Apr 8 2015 // OneBeacon Insurance Group Ltd., a specialty insurer controlled by White Mountains Insurance Group Ltd., is exploring a sale, according to people with knowledge of the matter.OneBeacon has drawn interest from companies...
Mar 30 2015 // American International Group Inc. is seeking as much as $507 million through the sale of part of its holding in PICC Property & Casualty Co., China’s biggest non-life insurer.AIG, the largest commercial insurer...
Mar 26 2015 // The U.S. Consumer Product Safety Commission said Wednesday it is investigating Lumber Liquidators Chinese-made laminate flooring following a national TV broadcast raised concerns over levels of formaldehyde.Chairman Elliot...
Mar 26 2015 // Shipping losses declined to 75 during 2014, a 32 percent drop from the previous year and well below the 10-year loss average of 127, according to Allianz Global Corporate & Specialty SE’s (AGCS) third annual...
Mar 25 2015 // Chinese officials don’t usually go into detail on the challenges that climate change poses for the world’s most populous and largest carbon-emitting country. But in a speech on March 23, a top meteorologist...
Mar 20 2015 // Ping An Insurance (Group) Co., China’s second-biggest insurer, rose to the highest in more than four years in Hong Kong stock trading on Thursday after it said profit jumped 40 percent last year.The shares advanced...
Mar 19 2015 // Fosun International Ltd., backed by Chinese billionaire Guo Guangchang, is vying with Ping An Insurance (Group) Co. to acquire 18 buildings on Berlin’s Potsdamer Platz square, people with knowledge of the matter...
Mar 18 2015 // Lloyd’s opened a branch office in Beijing to access new business and forge closer links with business partners in China’s capital.Lloyd’s also appointed Songlin Chen, as general manager of the Beijing...
Mar 12 2015 // China’s new solvency regime will encourage direct insurers to revise their reinsurance programs, or panel of insurers, in order to better manage their solvency requirement arising from reinsurance credit risk,...
Mar 11 2015 // As rapid economic development, population growth and urbanization lead to increased insurance penetration, Asia Pacific represents a key area of growth in the global marketplace, according to a report published by Aon...
Mar 9 2015 // The European Union on Friday submitted its formal promise on how much it will cut greenhouse gas emissions to the United Nations ahead of climate change talks starting in November and called on the United States and China...
Mar 9 2015 // The Malaysia Airlines flight that went missing one year ago Sunday had an underwater locator beacon whose battery had expired in December 2012, according to an interim report on the incident.Flight 370 was also carrying...