(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 ...

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 ...

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 ...

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 ...

Yuanbao has filed for an IPO in New York, reportedly seeking to raise a relatively modest $50 million in a deal that could value it at more than $400 million Despite a difficult 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 ...

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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 ...

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 ...