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China tag returned 2026 results

  • China: ZhongAn ditches joint CEO arrangement

    ZhongAn general manager and joint CEO Chen Jin has resigned due to a 'personal work arrangement' and deputy general manager and joint CEO Jiang Xing will fully assume the former's duties, reported Caixin Global. This signals an end to the Chinese InsurTech's joint leadership arrangement which saw Mr Chen and Mr Jiang share responsibilities of the CEO role together.

    Asia | 19 Jul 2019
  • Report says formation of independent risk management society is a priority

    An independent risk management society should be set up in China as soon as possible, says a report co-published by the London-based Institute of Risk Management (IRM) and the Research Centre for Risk Management (RCRM) at the Hubei University of Economics.

    China | 19 Jul 2019
  • Survey conducted on risk management courses offered by Chinese universities

    China's universities usually provide the fundamental and compulsory professional risk management courses. Experimental courses in risk management are relatively few and far between, due to the unique application and cost, according to the findings of a survey on risk management education courses in Chinese universities.

    China | 19 Jul 2019
  • Analysts forecast life business would expand by at least 5% in 2H

    The life insurance industry in China as a whole is expected to grow by 5%-10% in the second half of this year, according to industry analysts.

    China | 19 Jul 2019
  • Prospective investors drop plans for new insurance licences

    With the return on equity (ROE) in insurance companies in China falling, industry observers suggest that buying wealth management products would be a better investment than acquiring a stake in insurers.

    China | 19 Jul 2019
  • At least 17 insurers see changes in shareholders since start of the year

    Thirty two shareholders of insurance companies have announced plans to divest themselves of their stakes in insurance companies in the year to date. In addition, four investors plan to decrease their stakes in insurers.

    China | 19 Jul 2019
  • Insurers increase capital by US$11bn in 1H

    Insurance companies in China increased their capital by CNY76bn ($11.1bn) during the first six months of the year, mainly to ease operational pressures brought about by portfolio transformation and redemption payouts. The additional capital is also to improve the governance structure and optimise solvency.

    China | 19 Jul 2019
  • Govt acts to quicken transfers of state-owned equity to pension funds

    Efforts to replenish China's social security funds through the injection of government holdings of shares of state-owned enterprises will be extended nationwide this year to make the funds more substantial and sustainable.

    China | 19 Jul 2019
  • Insurers take to new Science and Technology Innovation Board

    The Science and Technology Innovation Board has become a new investment arena for insurance companies and insurance asset management companies, with more than 30 such entities participating.

    China | 19 Jul 2019
  • Taiping Life exits insurance broker

    Taiping Life Insurance, one of China's largest life insurers, has sold its 25% stake in an insurance broking firm for CNY8.56m ($1.24m).

    China | 19 Jul 2019

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