Lloyd’s Extends Lease on Iconic London Headquarters Until 2035 December 18, 2023 By Eamon Akil Farhat Society of Lloyd’s, better known as Lloyd’s of London, has reached an agreement to remain in its One Lime Street...
China Regulators Step Up Scrutiny of Online Insurance Platforms in Widening Crackdown August 13, 2021 By Bloomberg News China’s banking and insurance watchdog is stepping up scrutiny of the nation’s insurance technology platforms, widening a regulatory dragnet that...
Zhongan Online P&C Insurance Pulls H.K. IPO Plans; China Listing Eyed: Sources December 21, 2016 By Lulu Yilun Chen and Prudence Ho Zhongan Online P&C Insurance Co. scrapped plans for an initial public offering in Hong Kong or the U.S. and is...
Chinese Forced into Massive Debt to Pay for Vital Healthcare July 11, 2016 By Adam Jourdan and Ben Hirschler As China’s medical bills rise steeply, outpacing government insurance provision, patients and their families are increasingly turning to loans to...
Update: Russell Investment Exits Joint Venture With China’s Ping An May 19, 2015 By Pete Sweeney and Michelle Price Russell Investment Management and China’s Ping An Insurance Group said they have terminated their investment joint venture after four years,...
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...
Tantrums, Concubines, Hotpot Burns, Smog: China Insurers Have it Covered September 2, 2014 By Clare Baldwin and Diana Chan Your child throws a tantrum and smashes something? Take out “naughty child insurance”. Similarly, buy cover against your bride becoming...
After Food Safety Scares, China Retailer Offers Baby Milk Insurance August 22, 2014 By Clare Baldwin and Diana Chan A Chinese retailer is offering insurance to customers who buy infant milk powder, highlighting the lengths to which companies are...
China Regulators Order Insurers to End Smog Coverage March 27, 2014 Chinese regulators have told the country’s two largest insurers to stop selling coverage against smog, a week after such policies...