Latest Analysis Concludes Foreign Insurers Missing Out on China Party December 7, 2011 By Samuel Shen and Kazunori Takada Ten years ago, foreign insurers were lining up to celebrate China’s entry into the World Trade Organization, eager to tap...
Insurance Association Head Says China May Open Auto Market to Foreign Firms November 16, 2011 By Faith Hung and Samuel Shen China, the world’s largest auto market, is likely to open its mandatory auto insurance market to foreign companies next year,...
China to Allow Insurers to Invest in Private Equity and Real Estate September 7, 2010 By Samuel Shen and Melanie Lee China will allow insurers to broaden their investment channels into private equity and real estate, a long-awaited move that could...
Zurich Considering New China Life Fundraising; Future P/C Growth March 16, 2010 By Samuel Shen and Edmund Klamann Zurich Financial Services is actively talking with sovereign wealth fund China Investment Corp and major steelmaker Baosteel on fundraising plans...
AIG to Sell Hong Kong Consumer Finance, India IT Units August 12, 2009 By Samuel Shen and Sumeet Chatterjee American International Group, seeking to raise cash to repay around $180 billion in bail-out loans, has agreed to sell its...
China Insurers Dodge Financial Crisis Bullet, But Risks Loom December 1, 2008 By Samuel Shen China’s 3 trillion yuan ($440 billion) insurance industry was largely insulated from the U.S. subprime crisis that battered AIG and...
China Life Interested in Acquring AIG Asia Assets November 24, 2008 By Eadie Chen and Samuel Shen China Life Insurance Co, the world’s biggest life insurer by market value, is interested in buying Asian assets of American...