China Will Begin in Earnest in 2020 to Open Its Great Financial Wall December 30, 2019 By Bloomberg News China’s big bang opening of its $45 trillion financial industry begins in earnest next year — a step-by-step affair that’s...
Chubb to Buy Additional Stake in China’s Huatai Insurance for $1.53B November 25, 2019 Insurer Chubb Ltd said on Monday it will buy up to an additional 22.4% stake in Chinese insurer Huatai Insurance...
Swiss Re Explores Investment in China Pacific Insurance November 6, 2019 Swiss Re is looking at buying a stake in China Pacific Insurance Co. (CPIC) via a primary offering of the...
Allianz Pays $1B for Part of Goldman’s Stake in China Insurer Taikang: Sources November 6, 2019 By Manuel Baigorri German insurer Allianz SE has paid about $1 billion for part of Goldman Sachs Inc.’s stake in closely held Chinese...
China Regulator Puts Cap on Insurers’ Investments in Shareholders September 9, 2019 China’s banking and insurance regulator put a cap on Monday on how much insurance firms can invest in their shareholders,...
Swiss Re-Backed Insurer FWD Eyes China Expansion Ahead of Potential IPO July 31, 2019 By Sumeet Chatterjee Fast-growing insurer FWD is seeking to launch operations in China ahead of any public offering and plans to bolster its...
China Opens Financial Sector to Increased Foreign Investment July 22, 2019 By Bloomberg News China opened up its financial sector to more foreign investment as the government said it will take targeted measures to...
China Plans to Further Relax Rules for Foreign Banks and Insurers May 1, 2019 By Bloomberg News China will further relax rules for foreign banks and insurers of all sizes that plan to invest in the domestic...
China Pledges Expanded Market Access for Foreign Investors in Banking, Insurance March 28, 2019 By Kevin Yao and Dominique Patton China will sharply expand market access for foreign banks and securities and insurance companies, especially in its financial services sector,...
Shares of China’s Largest Property Insurer PICC Begin Their Expected Steep Descent March 11, 2019 By Bloomberg News Shares in China’s largest property insurer have started their descent back to Earth and according to analysts, it could be...