Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
Chubb Receives Final Approval for China Branch in Nanjing
Dec 16 2010 // The Chubb Corporation announced that the China Insurance Regulatory Commission (CIRC) has granted final approval to Chubb Insurance (China) Company Limited, an indirect wholly owned subsidiary, to establish a branch in...
Aon Benfield Names Jing Ping Zhang to Head China Facultative Operations
Dec 15 2010 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation announced the appointment of Jing Ping Zhang as Head of Facultative for the firm’s China operations. He will be responsible for...
Droughts, Floods, Snow and Cold Hit Global Commodities
Dec 15 2010 // Droughts and deluges in Australia, snow in Europe and cold snaps in the United States are pushing up prices of a range of commodities from sugar to heating oil and soybeans. Australia typically ranks as second in the...
An Analysis on Climate Talks: 18 Years, too Little Action?
Dec 14 2010 // “I was born in 1992. You have been negotiating all my life. You cannot tell us that you need more time,” Christina Ora of the Solomon Islands complained to delegates at U.N. talks on fixing global warming. Her...
Cancun Climate Talks End with Modest Steps, No Kyoto Deal
Dec 13 2010 // The world’s governments agreed Saturday to modest steps to combat climate change and to give more money to poor countries, but they put off until next year tough decisions on cutting greenhouse gas emissions. The...
UN Secretary General Urges Climate Agreement ‘Short of Perfect Deal’
Dec 8 2010 // Saying the health of the planet is at stake, U.N. Secretary-General Ban Ki-moon urged 190 nations meeting in Mexico on Tuesday to agree to steps to fight climate change that fall short of a perfect deal. “We cannot...
Ratings Roundup: China Taiping (NZ), BEST RE (Malaysia)
Dec 3 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb” of China Taiping Insurance (New Zealand) Company Limited (CTPNZ), both with stable...
US Plans to Press China on Trade at Dec. 14-15 Meeting
Dec 2 2010 // The United States will press China to make a number of trade reforms to open its market to more U.S. goods and services at a high-level bilateral meeting this month, the U.S. officials said Wednesday. The Dec. 14-15...
US Sees Progress in Easing Climate Change Row with China
Nov 30 2010 // Washington claimed progress Monday in easing rifts with Beijing on ways to fight global warming as U.N. climate talks got under way in Mexico with warnings about the rising costs of inaction. The United States and China,...
North Korea Shells South in Fiercest Attack in Decades
Nov 23 2010 // North Korea on Tuesday fired dozens of artillery shells at a South Korean island, killing two soldiers and setting houses ablaze, in one of the heaviest attacks on its neighbor since the Korean War ended in 1953. The...
Hong Kong Broker Houlder Insurance Joins Assurex Global
Nov 18 2010 // Assurex Global, the international network of independent insurance brokers, has added Houlder Insurance Brokers Far East Limited of Hong Kong to its exclusive list of Partners, bringing total membership in the network to...
Canada, China Reach Agreement on Insurance Investment
Nov 12 2010 // China’s insurance regulator has cleared the way to let the country’s insurers invest billions of capital in Canadian financial markets, the Canadian government said on Friday. The move, the latest sign of...
Outcome of G20 Summit in Seoul
Nov 12 2010 // World leaders said they would work to tackle global economic “tensions and vulnerabilities” that have raised fears of currency wars and trade protectionism as they wrapped up a Group of 20 summit in Seoul on...
Best Assigns Aioi Insurance Company (China) ‘A-‘ Rating; Outlook Stable
Nov 12 2010 // A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to Aioi Insurance Company (China) Limited, both with stable outlooks. The ratings...
World War I Remembered; Could it Have Been Different?
Nov 11 2010 // Armistice Day/Veteran’s Day – the “war to end war;” the dead, the wounded and the missing. Almost faded from memory now – 92 years after it ended – the “Great War,” World War...
Lloyd’s Warns of Contamination Hazards from Chinese Food Imports
Nov 3 2010 // “China was the source of most contaminated or unsafe foodstuffs that came into Europe in 2009, according to a European Union report,” as cited in an article on the Lloyd’s of London web site, which...
300 Homes to Be Repaired in Settlement With Chinese Drywall Firm
Nov 1 2010 // A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall. The agreement reached with Knauf...
300 Homes to Be Repaired in Settlement With Chinese Drywall Firm
Nov 1 2010 // A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall. The agreement reached with Knauf...
China’s Legal System: an Insurance Perspective
Oct 29 2010 // Years ago a lawyer friend told me of an experience. While teaching a group of Chinese lawyers, he proposed a question to them of who is responsible if a vehicle hits a pedestrian in a cross walk? The class said it was the...
AIA Shares Surge 17% on Trading Debut in Hong Kong
Oct 29 2010 // AIA Group Ltd surged 17 percent in its Hong Kong debut on Friday as investors, chasing exposure to Asia’s fast-growing life insurance business, piled into the record offering in the world’s hottest IPO...
