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China tag returned 2330 results

  • China: Rules amended to allow foreign investors a stake of up to 51% in life JVs

    Foreign investors can now hold more than half of the shares in life insurance joint ventures operating in China, according to a revised regulation unveiled last Friday.

    Asia | 09 Dec 2019
  • Chinese insurance giant enters India

    Ping An's overseas investment arm Ping An Global Voyager Fund has led a $70m Series D funding in Indian auto technology company CarDekho alongside Sequoia Capital and Hillhouse Capital. This is the insurance group's first venture investment in India.

    Asia | 06 Dec 2019
  • Winner-takes-all situation developing in non-life market

    Non-life insurers face huge challenges in the motor insurance market as further price liberalisation has reduced average policy premium, while new automobile sales are experiencing negative growth for the first time. Both of these developments challenge insurers, notes international professional services firm EY in its China Insurance Outlook 2020 report.

    China | 06 Dec 2019
  • Mandatory auto insurance should improve personal protection cover--Swiss Re

    Insurers which offer compulsory motor third party liability (CTPL) insurance in China should improve protection of persons against injury/death instead of focussing on covering vehicle damage, according to Mr John Chen, president of Swiss Re China.

    China | 06 Dec 2019
  • Asset-liability mismatch still a concern

    Some life insurers in China still do not appreciate the seriousness of the issue of asset-liability mismatching, despite frequent warnings from the regulator about the gap, according to Mr Jia Biao, deputy director of the Life Insurance Department of the CBIRC.

    China | 06 Dec 2019
  • Insurance and other financial apps to be regulated

    Chinese regulators are tightening scrutiny of proliferating mobile apps operated by financial institutions such as insurers, banks, brokerages and payment providers amid growing concerns that such applications are putting users' privacy at risk.

    China | 06 Dec 2019
  • Low interest rates make it tough for insurers to offer attractive benefits

    The yields of China's treasury bonds have reached the lowest quartile of the last five years, with persistent low interest rates viewed as a major threat for life insurance companies, given their rate-sensitive products and investments, says international professional services firm EY.

    China | 06 Dec 2019
  • Listed insurance major to leverage health, wealth and longevity

    Beijing-based listed life insurance giant New China Life Insurance plans to tap the country's ageing population in its strategic development.

    China | 06 Dec 2019
  • Foreign owned life JV to increase capital by almost 10%

    Aegon THTF Life Insurance has proposed to increase its registered capital by CNY230m ($32.7m) to CNY2.63bn, or by 9.6% from CNY2.4bn.

    China | 06 Dec 2019
  • China faces major risks in expansion of coal energy capacity

    China faces four main risks in expanding its coal power capacity, points out Ms Jennifer Layke, global director of World Resources Institute's (WRI) Energy Programme.

    China | 06 Dec 2019

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