China Financial Regulator to Raise Insurance Funds’ Limits for Stock Investment April 9, 2025 China’s financial regulator plans to raise limits for insurance funds’ investment in the stock market, as part of action taken...
Genworth Eyes Partial IPO as $2.7B Deal with China Oceanwide Stalls January 5, 2021 By Andrew G. Simpson Genworth Financial and China Oceanwide Holdings Group Co. can’t seem to put the finishing touches on their agreement for Oceanworth...
Bank Issues China’s First Perpetual Bond as Investment Restrictions on Insurers Eased January 25, 2019 By Andrew Galbraith China’s fourth-largest lender on Friday issued the first-ever perpetual bonds by a Chinese bank, with yields at the low end...
China’s Debt-Ridden Anbang Insurance Aims to Sell $200M of Japan Real Estate: Sources September 26, 2018 By Junko Fujita and Kane Wu Anbang Insurance Group Co. Ltd. aims to sell $200 million worth of Japanese real estate to bidders including Blackstone Group...
China’s Anbang to Sell Overseas Properties Worth $10B in Ongoing Rescue: Sources July 19, 2018 By Sumeet Chatterjee and Julie Zhu China’s Anbang Insurance Group Co. Ltd. is looking to offload overseas properties worth about $10 billion to shore up its...
China’s Anbang Weighs Sale of Hexie Health Insurance: Sources July 16, 2018 By Manuel Baigorri and Vinicy Chan Anbang Insurance Group Co. is weighing a sale of its Hexie Health Insurance Co. unit as the troubled Chinese firm...
China’s Anbang Insurance Eyes Sale of Fidea, as 1st European Divestment: Sources July 10, 2018 By Joyce Koh, Aaron Kirchfeld and Manuel Baigorri Anbang Insurance Group Co. is exploring a sale of Belgian insurer Fidea, people with knowledge of the matter said, in...
Troubled Chinese Insurer Anbang Interviews Banks About Asset Divestments: Sources April 12, 2018 By Bloomberg News Anbang Insurance Group Co., the troubled Chinese insurer seized by the government, is interviewing investment banks to advise on potential...
China’s Anbang Gets $9.7B Capital Injection to Bolster Solvency After Alleged Fraud April 4, 2018 By Bloomberg News China is injecting 60.8 billion yuan ($9.7 billion) into Anbang Insurance Group Co. as it attempts to contain the fallout...
Ex-Chairman of China’s Anbang ‘Doesn’t Deserve Leniency,’ Say Prosecutors April 2, 2018 By Bloomberg News Chinese prosecutors said Wu Xiaohui, the former chairman of Anbang Insurance Group Co., doesn’t deserve leniency as the one-day hearing...