People’s Insurance Co. (Group) of China News

AIG Sells Entire Stake in China’s PICC Group at a Discount

American International Group Inc. bought into the People’s Insurance Co. (Group) of China Ltd. as a cornerstone investor in its initial public offering more than six years ago. Since that time — early December 2012 — Hong Kong’s benchmark Hang …

China’s Graft-Buster Is Front Runner to Head Insurance Watchdog: Sources

China is likely to name a senior Communist Party graft-buster to oversee the insurance sector, people familiar with the matter said, a signal that the country’s ongoing crackdown on irregular business practices in the financial industry may be set to …

China Probes More Officials at Nation’s Insurance Regulator: Sources

Chinese investigators have questioned at least two more officials at the nation’s insurance watchdog after starting a probe into the agency’s former top official Xiang Junbo, according to a person with knowledge of the matter. The officials, including former China …