Billionaire Anbang Boss Prevented from Leaving China

Financial Times
Acquisitive insurer sees plans stymied by financial controls and political infighting.

Kushners Set to Get $400 Million From Chinese Firm on Tower

Bloomberg
Family company of president’s son-in-law in deal with Anbang, one of China's largest insurance companies. Plan is circulating among investors for more equity partners...

China Stocks Drop as Insurers Face Crackdown

Shen Hong
Wall Street Journal
China’s top securities regulator has accused some big insurers of behaving like ‘barbarians’

China Rethinks Safety Net for Its Banking System

Neil Gough
New York Times
New deposit insurance could shake the public’s faith in the long-held belief in failsafe government bailouts.

Ping An of China Said to Buy Lloyds of London Building

Bonnie Cao
Bloomberg
 Ping An Insurance Group Co., China’s second-largest insurer, agreed to buy the Lloyd’s of London building from a Commerz Real AG-managed fund, two people with knowledge of the transaction said.

Reports

06.01.13

Expanding Social Insurance Coverage in Urban China

John Giles, Dewen Wang, Albert Park
World Bank
This paper first reviews the history of social insurance policy and coverage in urban China, documenting the evolution in the coverage of pensions and medical and unemployment insurance for both local residents and migrants, and highlighting...

Caixin Media

04.01.13

Staking a New Claim on Internet Insurance

When three household brand names in China announced they would cooperate to form a company offering insurance services on the Internet, excitement naturally was the order of the day.Last year, Alibaba Group, Tencent Holdings, and Ping An Insurance...

Reports

12.01.10

Catastrophe Insurance Policy for China

Jun Wang
World Bank
The vast majority of China's population lies to the southeast of a line running from Beijing to Sichuan. This entire region is subjected to major floods each year, while typhoons affect the southern and eastern coastal areas and major...