Shares in China Pacific Insurance Co. (CPIC) rose on their London debut on Wednesday after the company completed the largest fund raising on the London Stock Exchange in three years, sparking hopes of a revival in the market for initial …
China is urging domestic companies to look at listing in London, several sources told Reuters, as the country aims to revive deals under a Stock Connect scheme and strengthen overseas ties in the wake of the coronavirus crisis. The Shanghai-London …
Chinese non-life insurers are discovering a silver lining to the cloud spreading over China’s economic performance from the coronavirus outbreak – a sharp drop in car accident claims. Beijing’s efforts to contain the new coronavirus have included widespread travel and …
It’s a deal linking Shanghai and Zurich, but the real target looks to be London. China Pacific Insurance (Group) Co. is in talks to invest at least $2 billion in Swiss Re AG, Manuel Baigorri of Bloomberg News reported Wednesday, …
Swiss Re is looking at buying a stake in China Pacific Insurance Co. (CPIC) via a primary offering of the Chinese company’s securities, the Swiss reinsurer said on Wednesday. Swiss Re declined to comment on a separate report that China …
China Pacific Insurance Group (CPIC) has become the latest investor in B3i, the insurance and reinsurance industry’s blockchain initiative. CPIC’s membership further strengthens B3i’s representation across the global insurance market, said B3i, which now is supported by 18 major insurance …
U.S. private equity fund Carlyle Group has sold 18 million shares in China Pacific Insurance (Group) Co. Ltd (CPIC), taking its holding below 5 percent, CPIC said in a statement. Based on Thursday’s closing price, Carlyle raised about HK$438 million …
