by AIP Online Bureau | Nov 8, 2023 | Eco/Invest/Demography, International News, Life, Regulation
China’s State Council, which is headed by Premier Li Qiang, has instructed the local government of Guangdong province, where both companies are based, to help arrange a rescue of Country Garden by Ping An, said two of the sources who have direct knowledge of the...
by AIP Online Bureau | Mar 15, 2023 | Health, International News, Life, Non-Life
“Household consumption recovery still faced many challenges, which continued to have an impact on Ping An’s long-term life & health protection insurance business,” it said. Ping An Insurance Group Co. of China Ltd., China’s largest insurer by market value,...
by AIP Online Bureau | Mar 18, 2022 | International News, Life
The insurance group has been shaken in recent quarters by growing concerns about its investments in the highly indebted property sector, which has been hit by a string of developer defaults, credit rating downgrades and slump in shares and bonds SHANGHAI/HONG KONG:...
