Evergrande’s Problems Prompt China’s Banks, Insurers to Pull Back on New Credit September 24, 2021 By Engen Tham SHANGHAI/BEIJING – As fears of contagion from any default by China Evergrande Group mounted this month, some Chinese banks, insurers,...
China Regulators Step Up Scrutiny of Online Insurance Platforms in Widening Crackdown August 13, 2021 By Bloomberg News China’s banking and insurance watchdog is stepping up scrutiny of the nation’s insurance technology platforms, widening a regulatory dragnet that...
China’s Extreme Weather Provides Wake-Up Call for Under-Insured Local Authorities August 12, 2021 BEIJING – Devastating summer floods in the populous province of Henan in central China are a wake-up call for local...
Alibaba Scandal Sparks #MeToo Reverberations in C-Suites Across China August 11, 2021 By Coco Liu and Zheping Huang Few paid much attention when she first turned up at the center of Alibaba Group Holding Ltd.’s packed cafeteria on...
China Regulator Urges Insurers to Expand Natural Disaster Coverage July 29, 2021 BEIJING – China’s banking and insurance regulator said on Thursday that it will guide insurers to increase investment in natural...
China’s Ant Group Issues Financial Self-Discipline Rules on Tighter Regulatory Oversight March 12, 2021 BEIJING – China’s Ant Group flagged a set of financial self-discipline rules on Friday amid intense scrutiny on its activities...
China Emphasizes Communist Party Leadership in Governance of Insurers, Banks January 29, 2021 China’s banking and insurance regulator issued draft rules on Friday in which emphasized stronger Communist Party leadership in both state-owned...
Willis Towers Watson Adds Shanghai to Global Markets Property/Casualty Hub January 14, 2021 Willis Towers Watson, the global advisory, broking and solutions company, announced the addition of Shanghai to its global property and...
European Companies to Seek Chinese Assets in Sectors Such as Insurance, Healthcare January 8, 2021 By Kane Wu European companies are expected to hunt for assets in China, mainly in insurance, healthcare and automobile sectors, after the world’s...
China’s Ant Group Wins Final Nod from Securities Watchdog for $35B IPO October 22, 2020 By Colin Qian, Julie Zhu and Meg Shen China’s Ant Group has won the final nod from the country’s top securities watchdog for the registration of its Shanghai...