Chinese Insurtech Waterdrop Faces Regulatory Pushback on Planned IPO: Sources April 12, 2021 SHANGHAI/HONG KONG – Chinese online insurance technology firm Waterdrop Inc. is receiving pushback from domestic regulators on its planned U.S....
China’s New Insurance & Banking Watchdog to Continue Opening Financial Sector April 2, 2018 China’s new banking and insurance regulator said on Thursday [March 29] it will deepen the reform and opening up of...
China to Merge Banking, Insurance Regulators in Big Government Shake-Up March 13, 2018 By Shu Zhang and Se Young Lee China is merging its banking and insurance regulators, giving new powers to policymaking bodies such as the central bank and...
China Weighs Merger of Banking, Insurance Regulators: Sources January 26, 2018 By Bloomberg News China is considering a merger of its banking and insurance regulators, people familiar with the matter said, as it seeks...
China Tightens Rules on $15 Trillion Asset Management Sector to Cut Systemic Risks November 17, 2017 By Shu Zhang China’s central bank on Friday issued sweeping guidelines to tighten rules on asset management business, the latest step by Beijing...
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 Anbang & Conglomerate HNA Eyed Buying Stakes in Allianz: Sources September 6, 2017 By Sumeet Chatterjee China’s Anbang Insurance Group Co. Ltd. and HNA Group Co. Ltd. separately considered buying stakes in German insurer Allianz SE...
China’s Move to Curb Overseas Deals Designed to Avoid Japan-Style Bust August 3, 2017 By Bloomberg News President Xi Jinping’s top economic adviser commissioned a study earlier this year to see how China could avoid the fate...
Quick Selldown of Anbang’s Overseas Assets May Prove Difficult August 1, 2017 By Paul Panckhurst As Anbang Insurance Group Co. comes under pressure to reverse a $10 billion-plus global deal spree, a quick selldown of...
Chinese Government Asks Anbang Insurance to Sell Overseas Assets: Sources July 31, 2017 When Anbang Insurance Group Co. agreed to buy New York’s iconic Waldorf Astoria hotel for $1.95 billion in 2014, the...