China Frees Possible $27 Billion From Insurers to Buy Gold February 10, 2025 By Bloomberg News A pilot program in China that allows insurers to buy gold for the first time could free up billions of...
China Non-Life Insurers See Big Drop in Car Accident Claims in Coronavirus Silver Lining March 12, 2020 By Sumeet Chatterjee and Cheng Leng Chinese non-life insurers are discovering a silver lining to the cloud spreading over China’s economic performance from the coronavirus outbreak...
China Insurance Market Ripe for Digital Disruption: Viewpoint October 4, 2016 By Nisha Gopalan China’s tech giants — Baidu, Alibaba and Tencent — increasingly have a finger in every part of the economy. So...
China Taiping Insurance Stock Jumps After Tech Moguls Join $1.7B Share Sale May 8, 2015 China Taiping Insurance Holdings Co. jumped the most in more than six years after people with knowledge of the matter...
AIG Seeks $507 Million Through Sale of Some of Its Shares in China’s PICC March 30, 2015 By Fox Hu American International Group Inc. is seeking as much as $507 million through the sale of part of its holding in...
China’s Ping An to Raise $4.75 Billion in Hong Kong Share Sale December 1, 2014 Ping An Insurance (Group) Co., China’s second-largest insurer, said it will raise HK$36.8 billion ($4.75 billion) in Hong Kong’s biggest...
China’s PICC P&C Plans $1.2 Billion Rights Offer November 5, 2014 By Bonnie Cao PICC Property & Casualty Co., China’s biggest non-life insurer, said it plans to raise 7.25 billion yuan ($1.2 billion) in...