All the headlines from our China Topic Page, ordered by recency.
Mar 31 2011 // Liberty Mutual Group announced that, through its wholly owned subsidiary Liberty Insurance Company Limited, it has been granted approval to establish a branch in Guangdong Province by the China Insurance Regulatory...
Mar 25 2011 // A bulletin from Lockton notes that the UK Ambassador to China Sebastian Wood “lauded the work of international insurance brokers helping China to further develop its insurance markets. he was speaking at the official...
Mar 22 2011 // Federal safety officials have stopped recommending removal of all electrical wiring in homes with problem drywall, a change in the safety protocol that could reduce the cost of remediation for many homes.The U.S. Consumer...
Mar 22 2011 // The European Union is pressing China to relax restrictions on foreign ownership of its banks in order to gain wider access to the Chinese financial markets, the region’s Internal Markets Commissioner said on...
Mar 22 2011 // Euler Hermes, the trade credit insurer of the Allianz Group, and China Pacific Insurance (Group) Co., Ltd. (CPIC Group), one of China’s largest insurers, announced that they “have combined their expertise to...
Mar 11 2011 // U.S. officials believe China’s insurance regulator passed on proprietary information about AIG to its Chinese rivals during the American firm’s collapse in 2008, according to unpublished diplomatic cables.The...
Mar 4 2011 // Repairs are beginning in Louisiana on the first home that contains defective drywall made by a major manufacturer. The home to be repaired by Knauf Plasterboard Tianjin is in Covington. The repairs are slated to begin...
Mar 1 2011 // Hong Kong-based Starr International Company, Inc. has announced the appointment of Irene Chang as Underwriting Manager of Starr Casualty for Greater China.She will lead the effort in developing and promoting all Casualty...
Mar 1 2011 // The Zurich Financial Services Group announced that it has it reduced its 20 percent stake in New China Life Insurance Co., Ltd. to 15 percent. Zurich said it has “agreed to sell 5 percent to undisclosed...
Feb 22 2011 // About 109 Louisiana homeowners impacted by defective drywall will soon see relief as plans are finalized to start the first home repairs, under a court approved pilot remediation program, Attorney General Buddy Caldwell...
Feb 14 2011 // A bulletin on the Lloyd’s web site notes that CEO Richard Ward “met with representatives from the China Insurance Regulatory Commission (CIRC) in Beijing last week, including the commission’s Vice...
Feb 7 2011 // Neace Lukens, Lent AgencyNeace Lukens, a Louisville, Kentucky based brokerage firm, recently acquired the Lent Agency, a Dayton, Ohio insurance agency. The merger will add 12 Lent Agency employees, including four...
Feb 7 2011 // Tropical cyclones are expected to cause more damage in the United States and Asia but it could be more than a century before insurers can point to climate change as a factor in losses from storms, scientists say.In a study...
Feb 7 2011 // Although not in the national news as much lately, Chinese drywall continues to disrupt the lives and finances of thousands of homeowners and other users of the product. In the courts, homeowners are fighting to obtain...
Feb 7 2011 // Tropical cyclones are expected to cause more damage in the United States and Asia but it could be more than a century before insurers can point to climate change as a factor in losses from storms, scientists say.In a study...
Jan 24 2011 // The U.S. has failed to persuade Chinese makers of defective drywall to compensate American homeowners, in a dispute that threatens to mar strained trade ties.The failure to persuade about 13 makers of contaminated drywall...
Jan 24 2011 // Assurex Global, the worldwide broker network, announced that it has added two new firms to the network: Continental Insurance Brokers Limited (CIB), with headquarters in Beijing, China, and Daewoo INS Korea Corp. in Seoul,...
Jan 18 2011 // The U.S. Consumer Product Safety Commission will set up its first office outside the United States in China in a bid to reduce the amount of dangerous products reaching the American market.Commission head Inez Tenenbaum...
Jan 18 2011 // As director of international markets for Lloyd’s of London, Jose Ribeiro has a lot of responsibilities. He took a brief time out, as he prepared for a trip to China, to tell the Insurance Journal a little bit about...
Jan 14 2011 // Insurance broker Lockton has received approval from the China Insurance Regulatory Commission (CIRC) to open a new branch office in China, based in Beijing.The new office will be run by Alex Jiang, who will be joined by a...