Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
Koh Joins Hong Kong’s Peak Re as Senior VP
Jun 24 2014 // Peak Reinsurance Co. Limited, the Hong Kong based reinsurer, has appointed Kathleen Koh as senior vice president to underwrite credit and surety business. Koh will be responsible for developing and growing Peak Re’s...
Traders Wary of Metal Financing Risk in China’s Unregulated Warehouses
Jun 24 2014 // Shaken by a fraud investigation into metal financing in the world’s seventh-busiest port, banks and trading houses have been made painfully aware of the risks they face storing commodities in China’s sprawling...
Active Season for West Pacific: AccuWeather 2014 Typhoon Forecast
Jun 12 2014 // The AccuWeather Global Weather Center has issued a forecast for the 2014 West Pacific typhoon season, which anticipates “near-normal numbers.” The forecast also noted, however, that “the onset of El Niño...
Deep-Sea Search for MH370 Was in Wrong Place, Australia Says
May 29 2014 // A deep-sea hunt for the missing Malaysian passenger jet has focused on the wrong place for nearly two months, officials said today, after a survey of a remote stretch of the Indian Ocean found no trace of wreckage. A zone...
Chinese Hacking Raises Cyber Attack Disclosure Issue for Companies
May 21 2014 // Three U.S. public companies identified as Chinese hacking victims didn’t report the theft of trade secrets and other data to investors, despite rules designed to disclose significant events. Two of the companies...
Protests Damaging Vietnam Industrial Zones Raise Investor Concerns
May 16 2014 // Dexter Hsu spent Tuesday night barricaded inside his workers’ dormitory in Vietnam’s Binh Duong province. Tables were stacked up against the doors, but he and his dorm-mates were terrified by the shouts and...
Vietnam Protests Over China Oil Rig Damage Taiwan-Owned Factories
May 14 2014 // Anti-China rallies sparked by the placement of an oil rig in waters near Vietnam damaged factories owned by Taiwanese companies, with some plants closing as Vietnam detained hundreds of protesters. Vietnam’s...
China Insurance Regulator Warns Insurers on Investments in Debt
May 14 2014 // Chinese insurers face increasing risks from their investments in property and local government debt as the nation’s economic growth slows, according to a senior regulatory official. The China Insurance Regulatory...
China Regulators Draft Rules for Insurer Trusts
Apr 23 2014 // Collective trusts that insurers are allowed to invest in are confined to those backed by financing assets and non-listed equity assets, according to draft rules posted on the website of China Insurance Regulatory...
A Tough Sell: Insurance Coverage for a China Financial Crisis
Apr 21 2014 // Selling insurance against a financial crisis should not be difficult five years after the last one nearly wrecked the global economy. But when it comes to China, the world’s second-largest economy, the probability of...
South Korea Says 293 Missing After Ferry Sinks En Route to Jeju Island
Apr 16 2014 // South Korea’s government said 293 people remain missing after a ferry carrying hundreds of high school students sank en route to the resort island of Jeju. At least two people, including a student, died in the...
China Relaxation of Insurance M&A Rules Could Invite More Global Firms
Apr 8 2014 // China’s decision to partially relax mergers and acquisition rules in the insurance industry could see global insurance firms expand their footprint in the $288 billion market. Beijing would allow insurers, including...
Ng Joins Miller’s Treaty Reinsurance Team in Hong Kong
Apr 7 2014 // Joe Ng has joined Miller Insurance Services in Hong Kong in a treaty reinsurance business production role. Joe NgMiller Insurance Services Before joining Miller, Joe Ng spent 43 years at China Taiping Group in various...
Alibaba’s Grand Vision for E-Commerce Empire Includes Insurance
Apr 3 2014 // Alibaba, the world’s biggest e-commerce company, changed how China shops. Now the man driving its blockbuster U.S. stock sale wants to transform the rest of the country’s services industry, adding new users to...
Ratings Roundup: Malayan Insurance, China Taiping, Energas
Apr 3 2014 // A.M. Best has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb+” of the Philippines-based Malayan Insurance Co., Inc. (MICO), both with stable outlooks. The...
Hunt for Missing Flight MH370 ‘Bedeviled by Regional Rivalries’
Mar 31 2014 // The search for flight MH370, the Malaysian jetliner that vanished over the South China Sea on March 8, has involved more than two dozen countries and 60 aircraft and ships but been bedeviled by regional rivalries. While...
Malaysia Jet Search Shifts, as New Lead Shows It Flew Shorter Distance
Mar 28 2014 // The three-week hunt for Malaysian Air Flight 370 focused on a new area in the Indian Ocean today after radar data indicated the plane probably flew a shorter distance than earlier estimated. The new lead was based on...
China Regulators Order Insurers to End Smog Coverage
Mar 27 2014 // Chinese regulators have told the country’s two largest insurers to stop selling coverage against smog, a week after such policies were launched, the China Daily reported on Thursday. The newspaper did not say why the...
Malaysia Jet’s Mystery Disappearance Leaves Liability Riddles
Mar 25 2014 // As the final hours of Malaysian Air Flight MH370 remain wrapped in mystery, the question of who bears full liability for the jet’s disappearance is also unresolved. This much is clear: Families of the 227 passengers...
China’s Ping An Teams up with Travel Site to Sell Smog Insurance
Mar 19 2014 // Ping An Insurance Group Co., China’s second-biggest insurer, is collaborating with Ctrip.com International Ltd. to sell smog insurance to tourists traveling to Beijing and six other Chinese cities. Travelers in...
