(Reuters) -Chinese insurance broker Yuanbao said on Thursday that it was targeting a valuation of up to $676.3 million in its U.S. initial public offering, amid economic uncertainty and a slowdown in ...
BEIJING (AP) — The Chinese insurer that owns New York City's Waldorf Astoria Hotel said Wednesday its chairman was unable to perform his duties following a report he was detained by regulators amid ...
A Chinese insurance company will acquire the Loews Santa Monica Beach Hotel and the Hotel del Coronado near San Diego as part of a $6.5 billion deal, the Associated Press reports. The properties will ...
China's insurance regulator now requires major insurers to allocate 1% of assets to physical gold, creating unprecedented structural demand. This move is explicitly funded by reducing U.S. Treasury ...
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Can China’s $140b motor insurance market survive a 70% loss ratio?
Loss ratios surged from 57% to 70% in four years as NEV repair costs and parts prices spiked. China’s motor insurance segment ...
Chinese insurance firms have increased their equity exposure to the highest level in at least three years, heeding Beijing’s call to build a slow and steady bull market. Equity holdings by the cohort ...
The latest December 2023 premium income numbers for Ping An Insurance were inferior to that of its key peers. But Ping An Insurance is the top Mainland Chinese insurance company on Brand Finance's ...
HONG KONG (Reuters Breakingviews) - Chinese insurers have developed a taste for equity, and regulators are rightly worried. They are increasingly concentrating their assets on individual company names ...
Surging car sales from China’s automakers might not be quite as clear-cut as they seem. Behind the headline-grabbing numbers lies a practice that’s prompting questions: some companies appear to be ...
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