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...
Third Wave of Severe Flooding Expected in China July 27, 2020 By Bloomberg News China warned that the worst of the deluges that have led millions to be evacuated may be yet to come,...
Excessive Floods Endanger Aging Chinese Dams and Could Cause ‘Black Swan’ Disaster July 22, 2020 By Ryan Woo The dam at a small reservoir in China’s Guangxi region gave way last month after days of heavy rain in...
China to Offer Additional Insurance, Financial Support for Flood-Hit Regions July 20, 2020 China’s banking and insurance regulator on Saturday announced measures to further increase credit and lending support and insurance protection for...
China Braces for Continuing Floods in One of Worst Rainfall Seasons on Record July 13, 2020 China is preparing for flooding in its northern regions that could potentially hurt crop output amid torrential rain that’s lasted...