China has decided to further open up its insurance and banking sectors to foreign investors by revising related regulations.

October16,2019

Ping An Insurance Group Co., one of the country's leading insurers, saw a 20.6 percent jump in annual net profit in 2018.

March13,2019

The Chinese regulator will keep control of Anbang Insurance Group for another year to build on efforts made to push for normal operation of the company, the country's banking and insurance regulator announced Friday.

February25,2019

Prudential is evolving in China's open financial market, Mike Wells, the group chief executive of Prudential told Xinhua in a recent interview.

February22,2019

China's insurance industry saw a stable increase in premium income in 2018 amid tightened regulations aimed at defusing financial risks, official data showed.

February02,2019

Total assets of China's insurance sector saw a steady increase last year, with a rise in premium income, the country's top insurance regulator said.

January14,2019

Total assets of China's insurance sector saw a steady increase last year, with a rise in premium income, the country's top insurance regulator said.

January14,2019

China's life insurance sector will see its premium growth rebound in 2019 and 2020, according to forecasts by Swiss Re Group, a leading reinsurance company.

January14,2019

China's insurance sector has shown a stronger capacity to fend off risks as its overall leverage gradually has dropped and business structure improved, the country's insurance regulator said.

December18,2018

China's banking and insurance regulator recently fined commercial banks over multiple violations including improper practices in wealth management.

December10,2018

Chinese venture AXA Tianping has sold its 50 percent share to French insurer AXA in a 4.6-billion-yuan (662.5 million U.S. dollars) deal, becoming totally foreign-owned, according to a statement by AXA Tianping on Monday.

November28,2018

China Life Insurance Company Ltd achieved net profit of 19.869 billion yuan in the first three quarter of this year, down 25.9 percent year on year.

October26,2018

Chinese insurance institutions are encouraged to invest in high-quality listed companies and listed companies launched by private enterprises as financial and strategic investor.

October15,2018

China became the world's second largest life insurance market in 2017, said Huang Hong, vice chairman of China Banking and Insurance Regulatory Commission (CBIRC), on Wednesday in Shenzhen City, south China's Guangdong Province.

October11,2018

As China further opens up its financial industry, foreign insurance companies are entering and expanding business in different ways in Chinese market.

September04,2018

China's insurance sector saw premium income drop 7.8 percent year on year to 1.7 trillion yuan (about 260 billion U.S. dollars) in the first four months of the year, according to official data.

June04,2018

China is likely to revise the implementation regulations of the foreign-funded insurance companies soon in an effort to adapt to the new situation of its opening-up to the outside world, the Xinhua-run Shanghai Securities News reported.

May16,2018

The new management measures for information disclosure of China's insurance companies will take effect from July this year, Shanghai Securities News reported on Friday.

May11,2018

A total of 75 insurance companies in China had released their financial reports for the first quarter of 2018, showing 46 achieved aggregated net profits of 58.92 billion yuan during the period, Securities Times reported on Friday.

May04,2018

China Friday rolled out a set of measures to open its financial sector wider to the world, including expanding business scopes of foreign-funded banks.

April28,2018