CNinsure Inc. an independent insurance intermediary company operating in China, announced that the board of directors of the Company has appointed Yunxiang Tang as an independent director of the Board and Yongwei Ma has resigned from the Board following the …
Willis Group Holdings announced two key appointments to its Global Solutions (International) team, increasing its multinational client focus in Asia. Karen Lieu recently joined as Managing Director, Asia Global Solutions (International), while Michelle Zhou has been appointed Divisional Director, Global …
The Catlin Group Limited announced that it has been granted approval by the China Insurance Regulatory Commission [CIRC] to open and operate a wholly owned representative office in Beijing. The office will be headed by Chief Representative Freeman Zhang. The …
China is eager to begin talks on a free trade pact with the United States and key leaders seem willing to step away from the state capitalism Beijing has been pursuing, a senior U.S executive with access to China’s leadership …
The United States exempted Japan and 10 EU nations from financial sanctions because they have significantly cut purchases of Iranian oil, but left Iran’s top customers China and India exposed to the possibility of such steps. The decision means banks …
The global economy has stepped back from the brink of danger and signs of stabilization are emerging from the euro zone and the United States, but high debt levels in developed markets and rising oil prices are key risks ahead, …
A survey from London-based Finaccord found that in ten emerging economies, surging car sales have doubled the value of their automotive finance and leasing markets in five years, to reach $182 billion Finaccord said: “The future of the global automotive …
Willis China, a part of Willis Group Holdings, announced that the Chinese Insurance Regulatory Commission (CIRC) has granted it approval to open a new office in the megalopolis of Chongqing, which Willis said is a “first for a foreign-owned broker …
HSBC has agreed to sell its general insurance businesses to French insurer AXA Group and Australia’s QBE Insurance Group for $914 million in cash, as Europe’s biggest bank moves ahead with its plan to divest non-core assets. The deal, the …
U.S. Vice President Joe Biden said on Tuesday that China had agreed to an important financial sector reform by opening up its massive auto insurance market to foreign competition. Biden said that during a meeting with U.S. business chiefs and …
