(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 ...
Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook Logo on a Tesla vehicle. Credit: 123RF Tesla is making a renewed push into the Chinese insurance ...
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 ...
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 ...
Ping An posts 6.8% year on year growth in H1 profit New business value of life&health insurance business up 11% Insurance funds investment portfolio yield at 4.2% in H1 BEIJING/SHANGHAI, Aug 22 ...
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 ...
Ping An Insurance (Group) Co.’s profit fell 26% in the first quarter, as a decline in the stock market and lower bond yields dented investment returns at the Chinese insurance giant. Net income ...
Mainland China's 17 million Alzheimer's patients can, for the first time, pay less out of pocket for a costly drug touted as "historic" and "the beginning of the end" for the memory-robbing disease ...
Declining returns on property are prompting China’s affluent to diversify their investments, including high-value insurance policies and gold.
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 ...