China Opens Financial Sector to Increased Foreign Investment July 22, 2019 By Bloomberg News China opened up its financial sector to more foreign investment as the government said it will take targeted measures to...
China Plans to Further Relax Rules for Foreign Banks and Insurers May 1, 2019 By Bloomberg News China will further relax rules for foreign banks and insurers of all sizes that plan to invest in the domestic...
China Pledges Expanded Market Access for Foreign Investors in Banking, Insurance March 28, 2019 By Kevin Yao and Dominique Patton China will sharply expand market access for foreign banks and securities and insurance companies, especially in its financial services sector,...
Shares of China’s Largest Property Insurer PICC Begin Their Expected Steep Descent March 11, 2019 By Bloomberg News Shares in China’s largest property insurer have started their descent back to Earth and according to analysts, it could be...
Chubb Increases Stake in China’s Huatai Insurance Group to 26.2% March 5, 2019 Chubb Ltd. announced it has received Chinese regulatory approval to increase the company’s ownership in Huatai Insurance Group Co. Ltd....
Japan Insurers Eye China Acquisitions in Continuation of Overseas Deal Spree February 4, 2019 By Sumeet Chatterjee and Taiga Uranaka Japanese insurance companies have spent more than $50 billion on acquisitions over the past five years to become the world’s...
Hong Kong M&As Slump in 2018 with Insurance Sector Deals Hardest Hit November 28, 2018 By Sumeet Chatterjee and Kane Wu Mergers and acquisitions targeting Hong Kong financial firms have slumped this year, with insurance sector deals particularly hard hit, as...
China’s Ping An Invests $47M in German Fintech Incubator Finleap November 19, 2018 By Stefan Nicola Ping An Insurance Group Co., China’s biggest insurer by market value, led investors in injecting 41.5 million euros ($47 million)...
China Eyes Allowing Foreign Insurers to Own Local Joint Ventures: Sources November 19, 2018 By Sumeet Chatterjee and Shu Zhang China will accept applications early next year from foreign insurers seeking to take control of their local joint ventures and...
China’s Biggest Insurer, Ping An, Plans $2B IPO of Health Tech Unit November 1, 2018 By Vinicy Chan, Crystal Tse and Manuel Baigorri Ping An Insurance Group Co., China’s biggest insurer by market value, is planning a Hong Kong initial public offering of...