The European Union agreed on Thursday to sign a free-trade pact with South Korea and grant Pakistan trade concessions after floods, but a row over France’s deportation of Roma migrants marred a one-day summit. The agreement on trade issues was …
The United States will host a meeting of the world’s biggest economies in New York to discuss climate change on Monday and Tuesday [next week], the U.S. State Department said. The Major Economies Forum will bring together 16 of the …
A report from Marsh’s London office notes that “investors in Asia are returning to the merger and acquisition table with a renewed interest in risk mitigation tools such as Warranty & Indemnity Insurance (W&I Insurance). “The latest edition of the …
Industrial and Commercial Bank of China Ltd (ICBC) and soon-to-be listed AIA Group Ltd have signed an agreement under which ICBC will sell AIA’s life insurance products at its branches, the two companies said on Friday. The distribution agreement comes …
China will allow insurers to broaden their investment channels into private equity and real estate, a long-awaited move that could unleash as much as $100 billion worth of fresh funding into unlisted firms and the property sector. Chinese insurers are …
American International Group Inc is leaning towards a new sale of its Taiwan unit, according to one of the original buyers, opening the way for a number of Taiwanese banks who have expressed interest. Hong Kong-listed China Strategic Holdings Ltd …
Aon Benfield’s latest release of its Monthly Cat Recap report, which provides an analysis of global natural perils in August, reports the month was “dominated by historic floods in Pakistan destroying over 1.25 million homes, a massive landslide in China …
European companies are not quitting China for other countries despite complaints about the growing difficulty of doing business, the European Union Chamber of Commerce in China said on Thursday. Jacques de Boisseson, the group’s president, said some of the chamber’s …
The buyers of American International Group Inc’s Taiwan unit will be constructive as they seek to pursue the $2.2 billion bid even after Taiwan’s regulators rejected it, a top executive said on Thursday. Robert Morse, chief executive of Hong Kong …
Taiwan financial holding firm Fubon Financial would consider buying American International Group Inc’s Taiwan insurance unit if it was put back on sale, Fubon’s president said on Wednesday. Speaking at an industry conference, Victor Kung said that the bank would …
