All the headlines from our China Topic Page, ordered by recency.
Aug 27 2015 // China’s top prosecutor is holding 10 officials and port executives as well as a senior Transport Ministry official under criminal detention for alleged neglect of duty and abuse of power in the Tianjin warehouse...
Aug 24 2015 // Ping An Insurance (Group) Co., China’s second-largest insurer, is boosting overseas assets as the nation’s slowing economy and falling interest rates make it difficult to find investments with attractive...
Aug 21 2015 // Uber Technologies Inc’s global bookings are projected to rise nearly threefold to $10.84 billion this year and reach $26.12 billion the next, according to a recent presentation for potential investors seen by...
Aug 21 2015 // Pakistan Prime Minister Nawaz Sharif’s $46 billion plan for an economic corridor with neighboring China as part of his revival push is promising to boost the prospects of the nation’s insurers.Adamjee Insurance...
Aug 21 2015 // Insurers are unlikely to be impaired by the loss claims from the explosions in the Chinese Port of Tianjin last week, according to a report from Standard & Poor’s.“Based on our initial investigation, we...
Aug 20 2015 // As a result of losses resulting from the recent explosions at Tianjin port, A.M. Best has placed under review with negative implications the financial strength rating of two Chinese insurers, which have large exposures to...
Aug 18 2015 // Insurance claims from the devastating explosions at the Chinese port of Tianjin last week could exceed initial estimates and strain the finances of regional insurers, credit ratings agency Fitch said on Tuesday.Credit...
Aug 17 2015 // Two explosions in the Chinese port of Tianjin that killed more than 100 people last week could generate total insurance losses of $1 billion to $1.5 billion, Credit Suisse analysts said, citing initial estimates based on...
Aug 17 2015 // Authorities pulled more bodies from a massive blast site in the Chinese port of Tianjin, pushing the death toll to 112 on Sunday as teams scrambled to clear dangerous chemical contamination.Hundreds of people were injured...
Aug 14 2015 // Chinese officials provided scant detail on the cause of massive explosions at a hazardous-chemicals warehouse in northern China’s Tianjin port, more than a day after blasts killed at least 50 people and injured more...
Aug 13 2015 // Two huge explosions tore through an industrial area where toxic chemicals and gas were stored in the northeast Chinese port city of Tianjin, killing at least 44 people, including at least a dozen fire fighters, officials...
Aug 12 2015 // With U.S. equities declining in the wake of China’s currency devaluation, hedge fund manager David Einhorn may be one of the few stock pickers to get a direct boost from the yuan’s sudden decline.Greenlight...
Aug 11 2015 // A report from catastrophe modeling firm AIR Worldwide, states: “Typhoon Soudelor has weakened over eastern China after making landfalls in Saipan, Taiwan, and China. The storm made landfall in Taiwan at 21:00 UTC on...
Aug 10 2015 // At least nine people were killed in China’s eastern Zhejiang province as the remnants of Typhoon Soudelor dumped the heaviest rainfall in a century on the mainland after killing five in Taiwan.About 645 millimeters...
Aug 7 2015 // AccuWeather has reported that “powerful Typhoon Soudelor will bring both flooding rainfall and damaging winds to Taiwan as the storm remains on a collision course with the island.”The report noted that...
Aug 6 2015 // Malaysia said on Thursday that paint color and maintenance-record matches prove that a piece of wing found on the shore of the French Island of Reunion in the Indian Ocean was part of the wreckage of Malaysian Airlines...
Aug 5 2015 // AccuWeather has reported that Typhoon Soudelor “rapidly intensified on Monday, becoming a super typhoon and reaching the equivalent of a Category 5 hurricane in the Atlantic or Eastern Pacific...
Aug 3 2015 // TigerRisk Partners LLC announced its first presence in Asia with the opening of the Hong Kong office of its subsidiary TigerRisk China Partners. TigerRisk China Partners is a member of the Hong Kong Confederation of...
Jul 27 2015 // White Mountains Insurance Group Ltd. agreed to sell Sirius International Insurance Group Ltd. for about $2.2 billion to an arm of China Minsheng Investment Corp.The price for the reinsurer will be 127 percent of...
Jul 24 2015 // Aon announced that Qin Lu has joined the group as CEO, Aon Benfield Greater China and CEO, Aon Risk Solutions, China, to take effect later this year. The bulletin said the new appointment would “help to align...