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China tag returned 2841 results

  • China on track to raise healthcare standards

    China's ambitious series of healthcare reforms remain on track as the government seeks to improve access and contain costs of healthcare in the country. One of these strategies includes adding innovative treatments to the country's national insurance coverage list while compelling drug companies to cut their prices in exchange for the volume gains brought by inclusion.

    AIRPlus | 13 Aug 2020
  • China: Tesla forms insurance broking firm

    Tesla Motors has set up an insurance broking company in Shanghai, according to regulatory filings made earlier this month.

    Asia | 13 Aug 2020
  • South Korea: Chinese insurer faces legal action over losses in private equity funds

    China Taiping Insurance is facing a court battle with two Korean entities, Shinhan Bank and Arumdree Asset Management, over its refusal to pay a $20m (KRW24bn) insurance claim submitted by the latter, according to industry officials.

    Asia | 11 Aug 2020
  • Willis Towers Watson names new country leader for China

    Willis Towers Watson has announced the appointment of Mr Wise Xu as country leader of China. Mr Xu also retains his current position as head of corporate risk and broking (CRB) in China. The new appointment will take effect September 1 2020. He takes over from Ms Smilla Yuan who is leaving Willis Towers Watson (WTW) to take on a new challenge outside the company.

    People | 07 Aug 2020
  • CBIRC releases more details of 3-year action plan for P&C sector

    China's insurance regulator has unveiled more details of a three-year action plan to promote the high-quality development of the property insurance industry.

    China | 07 Aug 2020
  • More foreign owned P&C ventures report profits for 1H

    Seventeen non-life insurers out of 21 that have foreign shareholders reported profits for the first six months of the year.

    China | 07 Aug 2020
  • More than 10 foreign owned life insurers show improved net results in 1H2020

    Eleven life insurance companies with foreign shareholders have shown improved net results for the first half of the year, according to an analysis by quanshangcn.

    China | 07 Aug 2020
  • Insurers owned by Chinese banks post profits in 1H

    Despite the impact of the COVID-19 pandemic, eight insurance companies owned by Chinese banks still managed to report profits for the first six months of this year.

    China | 07 Aug 2020
  • Underwriting losses in credit & guarantee insurance business soar in 1H2020

    Credit and guarantee insurance business in China posted an underwriting loss of CNY9.54bn ($1.4bn) in the first half of this year, industry statistics show. Of this total, guarantee insurance business showed a loss of CNY7.94bn whereas credit insurance business was CNY1.6bn in the red for 1H2020.

    China | 07 Aug 2020
  • Foreign owned life insurer may have to file for bankruptcy

    Sino-French Life Insurance, a joint venture set up by China Post and France's CNP Assurances, may have to file for bankruptcy or the authorities could take control of the insurer due to the firm's lack of solvency.

    China | 07 Aug 2020

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