Emerging Markets
China’s Evergrande Property Crisis Creates Minimal Exposure for U.S. Insurers
The U.S. insurance industry faces only minimal exposure to land development companies in China as one of that country's largest property developers, Evergrande, appears on the brink of collapse. ...
China Will Encourage Development of Insurance, Other Financial Products for Gig Economy Workers
China's top banking and insurance regulator said it would encourage insurers to accelerate the development of commercial pension products and accident insurance for gig-economy workers such as ...
It has been said that the best advertisement for insurance is not having it (or not having enough of it)...
Ping An Sees Market Value Plunge Due to Investor Worry About China Uncertainties
China's Ping An Insurance (Group) Co. has long argued it should be treated like a high-growth technology company instead of a seller of life policies. After a $90 billion plunge in its market value, ...
To Some InsurTech Insiders, Chubb CEO Greenberg’s ‘Hype’ Label Misses Their Larger Purpose
Chubb CEO Evan Greenberg's recent comments poo-pooing InsurTechs' boasts of their powers of disruption and transformation drew polite and measured response from startup investors, advocates and ...
China Triggers Another Anti-Graft Effort for Finance Sector
China's ruling Community Party turned its sights on the country's vast financial sector this month, kicking off a new round of a years-long campaign to uncover corruption and illegal dealings. The ...
China Cracks Down on Cryptocurrencies, Banning All of Them
China's most powerful regulators on Friday intensified a crackdown on cryptocurrencies with a blanket ban on all crypto transactions and mining, hitting bitcoin and other major coins and pressuring ...
CEO Confidence, Now at Pre-Pandemic Levels, Focuses on M&A and More: KPMG Survey
Global CEO confidence is back at pre-pandemic levels, and optimistic executives are looking at M&A, strategic alliances and sustainability measures to help transform their business, according to ...
Hong Kong Digital Insurer OneDegree Raises $28M to Support Asia Expansion
OneDegree, a Hong Kong-based insurance technology company, raised $28 million in a new round of funding as the startup looks to expand in Asia. Sun Hung Kai & Co. and AEF Greater Bay Area Fund ...