China
Pakistan hit by worst floods since 1929
Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, today releases the latest edition of its Monthly Cat Recap report, which provides an...
Aon Benfield launches first pan-Asian typhoon model
Impact Forecasting, Aon Benfield’s catastrophe model development centre of excellence, has launched the first fully functional Asian typhoon model to span the continent.
The new...
AIG: Chinese consortiums eye AIA takeover
At least four consortiums made up of private Chinese investors have approached US insurance giant AIG to acquire its Asian unit AIA, a Hong...
AIG, China Strategic Holdings extend deadline for unit deal
US insurance giant American International Group (AIG) and a Hong Kong consortium said Monday they had agreed to extend the deadline for a deal...
India plans 11 billion dollar infrastructure fund, 4.4 from insurance
India aims to create an 11-billion-dollar fund to overhaul its creaking infrastructure, with 40 percent of the money sourced from abroad, a report said...
Chinese banks and insurers sign a 23 billon dollar refinery deal in Nigeria
Nigeria and a Chinese state firm have signed a 23-billion-dollar deal to build three refineries and a petrochemical complex in Nigeria, a world's major...
China backs insurer Ping An’s acquisition plan
Chinese regulators have approved a plan by Shenzhen-based powerhouse Ping An Insurance to buy a stake in Shenzhen Development Bank from US private equity...
China’s Huijin to issue 80 billion yuan in bonds
The domestic investment arm of China's sovereign wealth fund has been given the green light to raise 80 billion yuan (11.7 billion dollars) through...
400 killed, thousands injured in China quake
A strong earthquake and aftershocks rattled northwestern China’s Qinghai Province over the last 15 hours, killing at least 400 and injuring over 10,000, according...
AXA becomes a founding member of ECCLAR
In September 2009, as a founding member, AXA joined the ambitious Euro-China Center for Leadership and Responsibility (ECCLAR) program.
Developed within the China Europe...
Prudential to study a possible IPO in Hong Kong or Shanghai
Prudential is studying a possible public offering in Hong Kong or Shanghai, becoming the latest multinational interested in listing in the fast-growing region, media...
AIG reports $1.4 billion loss net of tax on Nan Shan sale
AIG $2.15 billion sale of its Taiwan life insurance unitwill result in a loss of around $1.4 billion net of taxes that the company...
Hannover Re strengthens its presence in China
Hannover Re has received approval to open a branch in Shanghai for non-life reinsurance. Since May 2008 it has had a branch there writing...
GENERALI Group enters Vietnam
Sergio Balbinot: “Vietnam is strategic in order to strengthen Generali in a region with high growth potential”
Generali announces it has been granted a license...
Munich Re and Marsh join forces to develop solar energy coverage in Taiwan
Marsh, the leading insurance broker and risk adviser, and Munich Re, one of the world’s leading reinsurers, have joined forces to launch a new...
AON eSolutions provides asian market the first multi-language risk management information system
Aon eSolutions, provider of award-winning technology-based tools that improve the management of risk, insurance and safety programs, announced today the launch of RiskConsole in...
HSBC to joint held insurance company in China
HSBC Insurance (Asia) Limited (HSBC Insurance) has received final approval from the China Insurance Regulatory Commission (CIRC) to launch a jointly held insurance company...
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