China insurance regulation News
China’s New Insurance/Banking Head Known for ‘Regulatory Firestorm’
Chinese financial heavyweight Guo Shuqing has been appointed head of the country's newly merged regulator for the banking and insurance sectors, Financial News, the official newspaper of the central ...
China Will Merge Its Insurance, Banking Agencies in Big Regulatory Revamp
China is merging its banking and insurance regulators, giving new powers to policymaking bodies such as the central bank and creating new ministries in the biggest government shake-up in years. The ...
China’s Anbang Insurance Backs Govt. Takeover, Pledges Commitment to Overseas Subsidiaries
Anbang Insurance Group Co Ltd said on Monday it fully supported the Chinese insurance regulator's decision to temporarily take control of the company, and remains committed to the development of its ...
The Fall of Anbang Insurance Caps Short, Wild Period for P/C Industry in China
The revolution in China's insurance industry that helped unleash about $80 billion of acquisitions started with a whimper and ended with a bang. With little fanfare, China's top insurance official, ...
China Could Attract More Global Firms with Relaxed Insurance M&A Rules
China's decision to partially relax mergers and acquisition rules in the insurance industry could see global insurance firms expand their footprint in the $288 billion market. Beijing would allow ...