Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
Markel International Appoints Hu to Head China Business
Sep 23 2015 // Markel International, the specialist insurer, has appointed Hu Qianhai to head its business in the People’s Republic of China, based in Shanghai. Markel has had a presence in China since 2011, when it opened a...
Fitch’s Rendez-Vous Roundup: 4 Hot Topics Affecting Reinsurance Industry
Sep 21 2015 // Fitch published a list of key takeaways from last week’s reinsurance Rendez-Vous in Monte Carlo, where some of the major trends affecting the industry were discussed: mergers & acquisitions, alternative capital,...
U.S. Chinese Drywall Victims Face China’s Legal Wall of Immunity
Sep 21 2015 // More than a year after suing the Cabinet agency that oversees China’s biggest state-owned companies, lawyers for people who say their homes were ruined by drywall made in China are still trying to get the lawsuit...
Intellectual Property News: KitKat, Williams Sonoma, Whole Foods, Skechers, Segway, GoDaddy, Apple
Sep 18 2015 // This wrap-up of recent intellectual property cases covers chocolate bar shapes, cookware designs, sneaker similarities, Korean TV copyright device, Quizno’s commercials, personal transporter technology, Oscar award...
U.S. Weighing Sanctions Against China for Hacking
Sep 18 2015 // A little more than a week before China’s leader arrives at the White House, President Barack Obama escalated the fight over cyberspace, saying the U.S. is readying measures to forcefully demonstrate that economic...
China’s Fosun in Advanced Talks to Buy RSA’s Middle East Unit: Sources
Sep 18 2015 // Fosun International Ltd., the conglomerate founded by Chinese billionaire Guo Guangchang, is in advanced discussions to acquire RSA Insurance Group Plc’s Middle East business, people familiar with the matter...
China Re Wins Hong Kong Stock Exchange Approval for $2 Billion IPO
Sep 18 2015 // China Reinsurance Group Corp., the nation’s biggest reinsurer, received Hong Kong stock exchange approval for an initial public offering, people with knowledge of the matter said. The Beijing-based company plans to...
Underinsurance of Property Is Growing Global Challenge: Swiss Re Report
Sep 15 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...
Alibaba’s Finance Arm Plans $188 Million Investment in Cathay Insurance
Sep 15 2015 // Alibaba Group Holding Ltd.’s finance arm is strengthening its foothold in the insurance business with plans to invest about 1.2 billion yuan ($188 million) in a Chinese unit of Cathay Financial Holding Co. Zhejiang...
Fosun’s Guo to Slow Down Global Buying Spree of Insurers, Banks
Sep 14 2015 // Chinese billionaire Guo Guangchang, who calls himself a student of Warren Buffett, says he will slow down a global buying spree over the next two years after his Fosun Group snapped up insurers, banks and fashion companies...
China’s Fosun to Raise $1.5 Billion to Fund Insurance & Banking Acquisitions
Sep 11 2015 // Fosun International Ltd., Chinese billionaire Guo Guangchang’s conglomerate that has bought insurers and real estate around the world, proposed raising HK$11.7 billion ($1.5 billion) in a rights offer to fund its...
U.S. Chinese Drywall Victims Face China’s Legal Wall of Immunity
Sep 9 2015 // More than a year after suing the Cabinet agency that oversees China’s biggest state-owned companies, lawyers for people who say their homes were ruined by drywall made in China are still trying to get the lawsuit...
U.S. Eyes China, Russia Sanctions Over Cyber Attacks
Sep 1 2015 // The United States is considering sanctions against both Russian and Chinese individuals and companies for cyber attacks against U.S. commercial targets, several U.S. officials said on Monday. The officials, who spoke on...
U.S. Chamber of Commerce Urges China to Open Insurance, Securities Markets
Aug 31 2015 // Members of the American Chamber of Commerce group urged China on Friday to allow more access to its insurance and other service industries, saying foreign skills could help develop its volatile stock markets and cope with...
China Detains Senior Officials, Port Executives After Deadly Explosions in Tianjin
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...
Ping An to Boost Overseas Investments as China’s Economy Slows
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...
Uber Bookings on Pace to Pass $10B This Year, Investor Report Shows
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...
Pakistan Plan for $46B Economic Corridor with China Set to Boost Insurers
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...
Insurers Unlikely to Be Impaired by Claims From Tianjin Port Explosion: S&P
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...
A.M. Best Places 2 Chinese Insurers’ Ratings Under Review After Tianjin Blast
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...
