China Approves HSBC Acquisition of 100% of Insurer Joint Venture December 30, 2021 HSBC said on Thursday it had received regulatory approval in China to take full ownership of its life insurance joint...
China Takes Over Insurers, Other Firms Linked to Financier Missing Since 2017 July 17, 2020 Chinese regulators will assume control of nine financial firms that are linked to a financier who was taken from a...
China Names Guo to Head New Insurance, Banking Regulatory Commission March 21, 2018 China has named Guo Shuqing as the head of the newly formed regulator for the banking and insurance sectors, financial...
China’s Former Insurance Regulator Faces Criminal Charges September 27, 2017 China’s top anti-corruption agency says the country’s former insurance regulator has been expelled from the ruling Communist Party and turned...
China’s Central Bank to Assume Bigger Role in Oversight of Financial System July 17, 2017 By Stella Qiu and Adam Jourdan China’s central bank will take on a bigger role in macro-prudential management and in averting systemic risk in the financial...
China Regulators End Insurer Deal Spree, Favoring Risk Managers, over Risk Makers July 14, 2017 The revolution in China’s insurance industry that helped unleash about $80 billion of acquisitions started with a whimper and ended...
China’s Graft-Buster Is Front Runner to Head Insurance Watchdog: Sources July 10, 2017 By Benjamin Kang Lim and Shu Zhang China is likely to name a senior Communist Party graft-buster to oversee the insurance sector, people familiar with the matter...
China Probes More Officials at Nation’s Insurance Regulator: Sources May 5, 2017 Chinese investigators have questioned at least two more officials at the nation’s insurance watchdog after starting a probe into the...
China’s Anbang Denies Accusation It Lied About Finances May 4, 2017 By Joe McDonald The Chinese insurer that bought New York City’s Waldorf Astoria Hotel is fighting an accusation by China’s leading business magazine...
China’s Probe of Regulatory Chief Won’t Slow Insurers’ Overseas M&A: Opinion April 11, 2017 By Nisha Gopalan Xiang Junbo, the man on whose watch China’s insurance industry flourished, is now himself under investigation. As Bloomberg News reported...