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... Income Chinese insurers generated premium income of RMB915.05 bn in the first eleven months of 2008, the Insurance Regulatory Commission said in a statement. This is an increase of 42 per cent ye...
Sunday, 04 January 2009

... Income Chinese insurers generated premium income of RMB915.05 bn in the first eleven months of 2008, the Insurance Regulatory Commission said in a statement. This is an increase of 42 per cent ye...
Monday, 29 December 2008

...e State Administration of Taxation. "Companies are expected to pay hundreds of billions of RMB less in insurance and pension payments while tens of millions of jobs can be secured," the t...
Sunday, 28 December 2008

...e State Administration of Taxation. "Companies are expected to pay hundreds of billions of RMB less in insurance and pension payments while tens of millions of jobs can be secured," the t...
Tuesday, 23 December 2008

5. U.S. Plans WTO Legal Action Against China
(News/News December 2008)
...ntial loans for exporters, research and development funding and payments to lower the cost of export credit insurance," the U.S. Trade Representative's office said. This assistance reported...
Monday, 22 December 2008

...ts Some 814 million people, or 91.5 per cent of the rural population, have joined the cooperative medical insurance system, The Ministry of Health said in a statement. The system, launched in 2003...
Sunday, 21 December 2008

...ts Some 814 million people, or 91.5 per cent of the rural population, have joined the cooperative medical insurance system, The Ministry of Health said in a statement. The system, launched in 2003...
Monday, 15 December 2008

8. Insurers Help Finance Property Projects
(News/News December 2008)
Insurance companies are allowed to invest in China’s infrastructure projects as the government is financing the RMB4 trillion stimulus package.   It is the first time that insuranc
Friday, 05 December 2008

...jing to Shanghai. Insurers Allowed To Invest in Private Firms The State Council has decided to let insurance companies invest in on-listed companies, state media reports. The Insurance Regu...
Sunday, 16 November 2008

...own Los Angeles. Due for completion in January 2009, the residential development is located in an historic insurance building built in 1924. Prices for loft-style unites begin from USD328,000, a dr...
Wednesday, 12 November 2008

...per cent.   Insurers Allowed To Invest in Private Firms The State Council has decided to let insurance companies invest in on-listed companies, state media reports. The Insurance Regul...
Monday, 10 November 2008

...G The Bank of Beijing is reportedly interested in acquiring Beijing Capital Group's 50 per cent stake in a insurance joint venture with Netherlands' ING Group, CNN reports. The Dalian-based ING Capi...
Wednesday, 22 October 2008

...ibaba announced an investment of RMB2 bn. Ping'An Faces RMB15.7 bn Write Down China's second largest insurance company Ping An has been reportedly hit to the tune of RMB15.7 bn after the coll...
Sunday, 12 October 2008

Ping'An Faces RMB15.7 bn Write Down China's second largest insurance company Ping An has been reportedly hit to the tune of RMB15.7 bn after the collapse of Belgian-Dutch bank Fortis. "The exte
Wednesday, 08 October 2008

...ollapse" Fortis Bank said the EUR2.15 bn sale of 50 per cent of its asset management unit to China's insurance company Ping An "may collapse" due to the worsening credit crisis, Blo...
Sunday, 05 October 2008

...Collapse" Fortis Bank said the EUR2.15 bn sale of 50 per cent of its asset management unit to China's insurance company Ping An "may collapse" due to the worsening credit crisis, Bloo...
Thursday, 02 October 2008

...V With Fortis Unclear The status of the planned asset management joint venture between Fortis and Ping An Insurance remains unclarified after the governments of the Netherlands, Belgium and Luxemb...
Tuesday, 30 September 2008

18. Seven Chinese Banks With Lehman Exposure
(News/News September 2008)
Seven Chinese banks have bond holdings with collapsed investment bank Lehman Brothers, state media reports. The total holdings are USD721m, which is more than double the amount reported last week.
Thursday, 25 September 2008

19. Chinese Banks Exposed to Lehman Debt
(News/News September 2008)
... bonds linked to Lehman Brothers, the Shanghai Securities News reports. The two companies and China Pacific Insurance Group said that they also had not invested in bonds linked to AIG, the American ...
Friday, 19 September 2008

...Energy, Cadbury, the London Stock Exchange and, as reported, the Drax Group.   Lockton Granted Insurance License Insurance broker Lockton has received approval from the regulator to o...
Monday, 08 September 2008

... will cost EUR9.8 bn and a large number of overlapping jobs are expected to be shed.   Allianz Insurance, which bought Dresdner Bank for EUR EUR23.5 bn in 2001, decided to sell the stru...
Monday, 01 September 2008

...od. PBOC Buys Into Prudential The People's Bank of China has bought a one per cent stake in UK-based insurance company Prudential for GBP130m, Financial Times reports. The Chinese now belong ...
Sunday, 31 August 2008

23. Development Bank Closes on Dresdner Bank
(News/News August 2008)
Allianz Insurance may decide this week whether to sell Dresdner Bank to German-based Commerzbank or to China Development Bank, Bloomberg reports.   As reported in early August, China Dev
Thursday, 28 August 2008

24. Insurers Eye Real Estate Markets
(News/News August 2008)
China's insurance companies are soon allowed to invest in the domestic real estate sector, the China Insurance Regulatory Commission said in a statement. Earlier this year, banks were given the gree
Wednesday, 27 August 2008

...p; PBOC Buys Into Prudential The People's Bank of China has bought a one per cent stake in UK-based insurance company Prudential for GBP130m, Financial Times reports. The Chinese now belong ...
Tuesday, 26 August 2008

...osts. In March, KFC also increased its prices, citing the same reasons.   Liu Xiang Forgoes Insurance Claim China's Liu Xiang is not expecting a USD14.5m pay-out from Ping An Insur...
Thursday, 21 August 2008

...n Dresdner Bank, and is interested in buying the German bank, Chinese media reports.   Allianz Insurance, which bought Dresdner Bank in 2001 for EUR23.3 bn, has been trying to find a bu...
Wednesday, 06 August 2008

...of Communications and Bank of Beijing have applied to invest in domestic insurers, a spokesman of the China Insurance Regulatory Commission said in a press conference. The State Council will decide ...
Wednesday, 30 July 2008

...ew shares to RBS in a private placement.   AIG Approved For Motorcycle Investment U.S.-based insurance group AIG has been given a green light by the Chinese Ministry of Commerce to ac...
Sunday, 27 July 2008

...ExxonMobil if the project is not halted.   AIG Approved For Motorcycle Investment U.S.-based insurance group AIG has been given a green light by the Chinese Ministry of Commerce to ac...
Tuesday, 22 July 2008

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