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China tag returned 2172 results

  • CBIRC updates rules on cross selling between insurers

    The insurance intermediaries department of the CBIRC has issued its "Notice on Doing a Good Job of Cross Selling among Insurance Companies" which stipulates that an insurance company that acts as an agent for other insurance companies has to obtain an insurance agency licence from the local bureau of the CBIRC in the territory where the insurer is located. The licence is valid for three years.

    China | 20 Sep 2019
  • Online-only life insurers may enter market

    Reports that life giant China Life has formed a preparatory group to establish an online life insurer have made waves in the insurance market. Other insurers are also pursuing this option

    China | 20 Sep 2019
  • Regulator to improve life insurance actuarial system

    The CBIRC has drafted amendments to actuarial requirements in life insurance, in order to improve the life insurance actuarial system. It is seeking feedback from life insurers on the changes.

    China | 20 Sep 2019
  • Plans for coal plants in BRI areas counter global drive to cut down coal

    Questions are being posed about whether or not it is more important for China's Belt and Road Initiative: (BRI) to provide energy security in developing countries-or cut out coal, according to a report by Fortune.

    China | 20 Sep 2019
  • BOC Insurance caught up in US$14m loan guarantee insurance dispute

    An asset management subsidiary of Minsheng Bank has been battling BOC Insurance Shandong branch in court over a CNY153m ($21.6m) guarantee insurance contract.

    China | 20 Sep 2019
  • ZhongAn health insurTech unit raises US$14m

    Zhong An Online Property & Casualty Insurance's health insurance technology startup, Shanghai Nuanwa Technology, has raised over CNY100m ($14m).

    China | 20 Sep 2019
  • More than 50% of individuals aged at least 50 yet to prepare for retirement

    People in mainland China aren't saving enough for retirement, running the risk of outliving assets during their golden years, according to Franklin Templeton's 2019 Retirement Income Strategies and Expectations (RISE) survey.

    China | 20 Sep 2019
  • More millennials squirrel away for retirement

    More Chinese millennials are saving for retirement with increased awareness of retirement planning, while barriers remain for them to get financially prepared for their golden years, according to the China Retirement Readiness Survey 2019 released yesterday.

    China | 20 Sep 2019
  • Growing singles population fuels "solo" economy

    The growing number of single people in China has led to the creation of the "solo" economy.

    China | 20 Sep 2019
  • China's economy faces three main risks

    China's economy faces trouble from several different sectors, Nomura Research Institute chief economist Richard Koo says in a report.

    China | 20 Sep 2019

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