China’s Anbang eyes sale of Belgain insurer
Troubled Chinese insurance giant Anbang is reportedly exploring options to sell Belgian insurer Fidea.
Anbang Insurance Group
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China nationalises troubled insurer Anbang
Insurance giant Anbang is entirely under government control after the country’s regulator confirmed it has seized over 98% of the formerly privately-held conglomerate.
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Former boss of Chinese insurer Anbang jailed for 18 years
The ex-chief executive of China’s beleaguered Anbang Insurance Group has been sentenced to 18 years in jail for corruption and fraud and will have assets worth CNY10.5bn (£1.2bn, $1.6bn, €1.4bn) confiscated by the state.
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Anbang Insurance gets $10bn rescue package
Chinese insurance giant Anbang is to get a capital injection worth RMB60.8bn (£6.9bn, $9.7bn, €7.9bn), a month after control of the group was seized by the country’s insurance regulator and as its ex-chairman faces life behind bars.
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Anbang chief faces life imprisonment
The chief executive of Chinese insurance giant Anbang is facing life behind bars after being put on trial for illegal fundraising, fraud and embezzlement by the country’s regulatory watchdog.
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Chinese regulator seizes global insurer Anbang
The Chinese insurance regulator stepped in and took control of Anbang Insurance Group on Friday, a move that has put the country’s other insurers on notice.
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China insurance watchdog denies Anbang asset sale pressure
The China Insurance Regulatory Commission (CIRC) has denied asking insurance giant Anbang to sell its overseas assets and bring the proceeds back to China.
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China gov’t tells Anbang Insurance to sell overseas assets
Chinese authorities have reportedly asked Anbang Insurance Group to sell its overseas assets, which include life insurers in the Netherlands, South Korea, and the United States, as the country’s insurance regulator prepares to ramp up its supervision of the sector.
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Allianz sells S. Korean life insurance and investment arms
Allianz has agreed to sell its South Korean life insurance unit and Allianz Global Investors Korea to China’s Anbang Insurance Group.