Latest China Headlines

All the headlines from our China Topic Page, ordered by recency.

The Commissioners

Sep 25 2006 // Hawaii:Perfectly poised for insurers in the Pacific Rim Although it is undeniably one of the 50 United States, Hawaii’s location at the edge of the Pacific Rim yields creative business opportunities throughout the...

J.P. Schmidt, Hawaii, Insurance Commissioner

Sep 25 2006 // Although it is undeniably one of the 50 United States, Hawaii’s location at the edge of the Pacific Rim yields creative business opportunities throughout the world. The state’s captive insurer law already has...

R&M Report Analyzes Chinese Insurers

Sep 14 2006 // Dublin-based Research and Markets has added a new report on the Chinese insurance industry to their offering. “‘China Insurance Sector Analysis (2006)’, provides extensive research and objective analysis...

Singapore PM Urges Lloyd’s to Expand Asian Links

Sep 11 2006 // Lloyd’s Chairman Lord Levene welcomed His Excellency Lee Hsien Loong, Prime Minister of Singapore, and a host of senior executives from across the insurance market, government and business at a dinner held in the...

Research & Markets Issues Study of China’s Insurance Industry

Sep 1 2006 // Dublin-based Research and Markets has announced the addition of “China Insurance Industry Report (Investment & Merger)” 2006 to their offering. R&M said the “report describes the status quo of...

AXA Gives Donnet Greater Role in Japan, Asia-Pacific; Penn to Head Australia/NZ

Aug 17 2006 // France’s AXA Group has appointed Philippe Donnet to the position of AXA Group Regional CEO – based in Singapore – to oversee AXA’s principal insurance businesses in the Japan & Asia-Pacific...

China Economy Should Expand 10.4%

Aug 16 2006 // China’s sizzling economy is slowing but should still expand by 10.4 percent this year, the World Bank said Tuesday, as newly released statistics suggested measures to prevent runaway growth might be taking...

Powerful Typhoon Kills 83 in China

Aug 11 2006 // The most powerful typhoon to hit China in five decades raged across its southeastern coast Thursday, claiming at least 83 lives as it capsized ships, destroyed buildings and forced 1.5 million people from their...

China Evacuates 433,000 Before Storm

Aug 10 2006 // More than 433,000 people have been evacuated from parts of China’s southeastern coast that are due to be hit by Typhoon Saomai, a government news agency reported Thursday Saomai was expected to hit the mainland on...

Outlook For China’s Insurance Sector Now Positive

Jul 30 2006 // Standard & Poor’s Ratings Services revised its outlook on China’s insurance sector to positive from developing to reflect expectations that the financial strength of the overall industry will improve over...

Taiwan May Relax Investment Rules to Compete with China

Jul 25 2006 // The Taiwan government may allow a number of companies to invest more in rival China but will not grant an overall relaxation of its investment restrictions, a senior government official said. Taiwan plans to hold a two-day...

Insurance and the World Trade Organization negotiations

Jul 24 2006 // The Doha Round at the World Trade Organization has been a serious failure for the insurance sector, despite strong efforts by many parties. Instead of increasing the consensus for free trade, the Round has served to divide...

Insurance and the World Trade Organization negotiations

Jul 24 2006 // The Doha Round at the World Trade Organization has been a serious failure for the insurance sector, despite strong efforts by many parties. Instead of increasing the consensus for free trade, the Round has served to divide...

Storm Recovery Slow for Southern China’s Rural Communities

Jul 24 2006 // China’s premier has urged local officials to redouble efforts in caring for victims of Tropical Storm Bilis, state media reported Sunday, underscoring concerns about lapses in responding to the storm that killed more...

Willis Expands Chinese Operations

Jul 19 2006 // Willis Group Holdings will be strengthening its position in China by opening an office in Macau, dubbed the next “Las Vegas.” The new operation will cater to the region’s booming leisure and entertainment...

Lloyd’s “360 Risk Project” Conference Tackles Climate Change

Jul 7 2006 // Lloyd’s new 360 Risk Project is dedicated to examining issues that affect the insurance industry, and its first conference took on today’s most far-reaching and important issue – the debate over climate...

IAG Reports Progress on China Pacific Share Acquisition

Jul 6 2006 // Insurance Australia Group Limited announced that negotiations for the acquisition of a 24.9 percent stake in China Pacific Property Insurance Co., Ltd. (CPPI) have “progressed to the stage that draft transaction...

Business Moves

Jun 5 2006 // General Motors, Shanghai General Motors Corp. received approval to open an office in Shanghai as a step toward beginning insurance operations in China. Detroit-based GM said that Motors Insurance Corp., part of the...

AIG Receives China Group Sale License

May 29 2006 // American International Assurance Company, Limited (AIA), a subsidiary of American International Group, has received approvals from the China Insurance Regulatory Commission (CIRC) to conduct group insurance business...

Swiss Re Opens HK Training Center

May 22 2006 // Swiss Re announced that it has officially opened the “Swiss Insurance Training Centre (HK) [SITC-HK], to mark the company’s 50th year in Asia-Pacific.” Swiss Re said the new facility will provide...