China
US hedge fund eyes China elderly housing
US finance firm Fortress Investment plans to raise $1 billion for a China fund that would invest in housing for the ...
20 dead of swine flu in China in 2011
At least 20 people have died of swine flu in China this year, the health ministry said Friday, but officials said there was no...
China : government insurance companies guilty of defrauding more than three billion yuan
China's two leading state-owned insurance companies have been found guilty of defrauding more than three billion yuan ($455 milllion) in 2009, the country's national...
China : insurance premiums rise 33%
China's total insurance premiums are forecast to have grown 33 percent to 1.47 trillion yuan ($222.1 billion) in 2010 from a year earlier, the...
Break down on Standard Life Bank of China talks
Talks have broken down over a joint venture between Standard Life and Bank of China.
The Edinburgh-based finance house had hoped the Chinese financial giant...
Aon Benfield names Jing Ping Zhang as China Fac Leader
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation, today announces the appointment of Jing Ping Zhang as Head of Facultative...
Shanghai halts sale of suspected ‘dyed’ oranges
Shanghai authorities have ordered fruit vendors to stop selling oranges that have allegedly been dyed with a toxic wax, Chinese media said Friday, in...
Generali : eyes real estate boost in U.S. and China
Assicurazioni Generali, Europe's third-largest insurer, plans to expand its real estate holdings to about 10 percent of its 330 billion euro ($441 billion) investment...
China says no sign of bird flu after HK case
Health authorities in eastern China said they had so far detected no human cases of bird flu after a woman in Hong Kong who...
Canada / China : insurance investment deals reached
China’s insurance regulator has cleared the way to let the country’s insurers invest billions of capital in Canadian financial markets, the Canadian government said...
Regulation : China sets new rules for banks selling insurance
China's banking regulator on Monday unveiled new rules governing the sale of insurance by banks as lenders get set to diversify into the area...
Alert : China reports first cases of South Asian superbug
China said Tuesday it had detected the nation's first three cases of a multi-drug resistant superbug that surfaced in South Asia and has triggered...
Acquisition : ICBC to take 60 percent stake in Axa Chinese unit
French insurer Axa SA said Thursday that the world's biggest bank, ICBC of China, will take a 60 percent stake in its Chinese insurance...
Appointment : Helen Ye new executive director of catastrophe reinsurance in China
Aon Benfield, reinsurance intermediary and capital advisor, has appointed Helen Ye as executive director and head of catastrophe reinsurance in China.
Helen will be responsible...
Aon Benfield : Insurers must prepare for Asian ‘Supercats’
Aon Benfield, reinsurance intermediary and capital advisor, is warning insurers in Asia to prepare for future “Supercat” events like those experienced in the USA....
Short news : Heavy metals in Chinese cigarettes pose high risk
A new international research project has found high levels of heavy metals in Chinese cigarettes, with some containing three times the level of lead,...
AIG share sale : wins approval for Asian unit IPO
Troubled US insurer AIG has won approval for a Hong Kong share sale of its Asian unit, AIA, worth up to 15 billion US...
Report : AIA sets date for 15 billion US dollar Hong Kong IPO
AIA, the Asian unit of troubled US insurer AIG, will launch a 15 billion US dollar share sale on October 29 in what could...
China / Insurers : new investment possibilities
China will now allow insurers to broaden investments into private equity and real estate, a move that could unleash as much as $100 billion...
AIG approaches big investors to take stakes in AIA
AIG has approached some of the world's biggest investors over the sale of a significant stake in AIA, the US insurer's Asian unit, drawing...
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