China Regulators End Insurer Deal Spree, Favoring Risk Managers, over Risk Makers July 14, 2017 The revolution in China’s insurance industry that helped unleash about $80 billion of acquisitions started with a whimper and ended...
China’s Graft-Buster Is Front Runner to Head Insurance Watchdog: Sources July 10, 2017 By Benjamin Kang Lim and Shu Zhang China is likely to name a senior Communist Party graft-buster to oversee the insurance sector, people familiar with the matter...
China Probes More Officials at Nation’s Insurance Regulator: Sources May 5, 2017 Chinese investigators have questioned at least two more officials at the nation’s insurance watchdog after starting a probe into the...
China’s Probe of Regulatory Chief Won’t Slow Insurers’ Overseas M&A: Opinion April 11, 2017 By Nisha Gopalan Xiang Junbo, the man on whose watch China’s insurance industry flourished, is now himself under investigation. As Bloomberg News reported...
Chairman of China’s Insurance Regulator Investigated for ‘Severe’ Violations April 10, 2017 China’s anti-graft agency is probing the nation’s top insurance official Xiang Junbo as the government steps up a bid to...
Chinese Watchdog Weighs Relaxing Rules for Big Insurers’ Overseas M&A March 6, 2017 By Julie Zhu and Sumeet Chatterjee China’s insurance regulator is considering an industry shake-up that could see the biggest and most solvent firms resuming an overseas...
China Regulator Puts Brakes on Insurers’ 3-Year, $100-Billion Buying Spree February 23, 2017 A regulatory clampdown on speculation by insurers and new limits on outbound capital flows are causing one of China’s most...
China Regulator Urges Insurers to Avoid ‘Reckless’ Offshore Investments: Report February 9, 2017 A senior Chinese insurance regulator warned against the industry’s reckless overseas investment, saying some insurers behaved recklessly when it came...
China’s Insurers Have Major Risk Management Deficiencies, Warns Regulator December 5, 2016 Chinese insurance firms have significant risk management deficiencies, as they overly focus on asset management for profits and growth, a...
China Regulator Asks Insurers to Assess Risks & Strengthen Controls: Report August 3, 2016 The China Insurance Regulatory Commission (CIRC) has asked insurers to thoroughly assess business risks and strengthen their risk controls, the...