China Plans to Relax Rules on Foreign Ownership of Domestic Life Insurers: Sources April 9, 2020 China plans to make it easier for foreign life insurers to make controlling acquisitions and large equity investments in domestic...
Korean Re Gets Chinese Approval to Open Shanghai Branch January 21, 2020 Korean Re has completed the establishment of a branch office in Shanghai as the company received final approval from the...
Allianz Pays $1B for Part of Goldman’s Stake in China Insurer Taikang: Sources November 6, 2019 By Manuel Baigorri German insurer Allianz SE has paid about $1 billion for part of Goldman Sachs Inc.’s stake in closely held Chinese...
Specialist Insurer Beazley Takes 30% Stake in Hong Kong Coverholder Pegasus October 24, 2019 Beazley, the London-based specialist insurer, is making a strategic investment in Hong Kong-based coverholder, Pegasus Underwriting Ltd. The investment will...
China’s Ping An Insurance to Spend $22B on Tech, From AI to Blockchain October 24, 2019 By Bloomberg News Ping An Insurance wants to be valued more like a technology company. Its executives have yet to convince investors their...
Swiss Re-Backed Insurer FWD Eyes China Expansion Ahead of Potential IPO July 31, 2019 By Sumeet Chatterjee Fast-growing insurer FWD is seeking to launch operations in China ahead of any public offering and plans to bolster its...
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...
Bulgaria Fights Spread of African Swine Fever July 18, 2019 Bulgaria has stepped up measures to prevent the spread of deadly African swine fever and protect the country’s 600-million lev...
China’s Pig Farms Tighten Biosecurity to Beat African Swine Fever July 16, 2019 By Dominique Patton A devastating outbreak of African swine fever that has killed millions of pigs in China is changing attitudes in a...
China’s Swine Fever Losses May Be Twice as High as Officially Reported July 1, 2019 By Dominique Patton and Hallie Gu As many as half of China’s breeding pigs have either died from African swine fever or been slaughtered because of...