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Chinese insurtech
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Chinese insurtech
Finance
Virtual Lender ZA Bank Obtains Insurance Agency License in Hong Kong
CBNEditor
-
January 27, 2021
0
One of Hong Kong's first virtual lenders has just obtained a license to also operate as a virtual insurance agency less than...
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Fintech
China Sees 93% Surge in Registration of Online Insurance Companies in 2020, CBIRC Mandates Full Licensing
CBNEditor
-
January 13, 2021
0
China saw an abrupt surge in companies seeking to join the online insurance sector in 2020, with authorities now stepping up efforts...
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Finance
CBIRC Issues New Rules for Internet Insurance Operations, Encourages Big Data and Blockchain Usage
CBNEditor
-
December 14, 2020
0
The China Banking and Insurance Regulatory Commission (CBIRC) has just issued new regulations that target risk issues in the online insurance sector,...
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Fintech
Ningbo Launches Trials of Blockchain-driven Insurance Claims System
CBNEditor
-
November 25, 2020
0
The Zhejiang-province port city of Ningbo has kicked off trials for the use of blockchain technology to automate the processing of insurance...
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Fintech
Shanghai Launches Insurance Blockchain Innovation Centre
CBNEditor
-
October 29, 2020
0
Shanghai has just seen the establishment of a new insurtech research institute that focuses on blockchain applications.
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Fintech
HSBC’s Insurance Subsidiary Establishes Fintech Vehicle in Shanghai
CBNEditor
-
September 10, 2020
0
The wholly invested insurance subsidiary of British investment bank HSBC has launched a new fintech company in the Chinese financial hub of...
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Fintech
China Pacific Insurance to Invest 700 Million Yuan in Launch of Fintech Subsidiary
CBNEditor
-
July 24, 2020
0
Insurance giant China Pacific Insurance has unveiled plans to establish its own fintech subsidiary.
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Fintech
ZhongAn Online Hopes to Raise $600M via First Public Issue of Notes Offshore
CBNEditor
-
July 13, 2020
0
Chinese insurtech giant ZhongAn Online P&C Insurance Co., Ltd. hopes to raise USD$600 million via its first public issue of notes offshore....
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Fintech
ZhongAn Online Grabs Virtual Insurance License in Hong Kong
CBNEditor
-
May 7, 2020
0
ZA, the Hong Kong virtual bank of Chinese insurtech ZhongAn Online, has obtained a virtual insurance license from local authorities.
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Banking
80% of Chinese Banks Will Employ Cloud-based Fintech Solutions by 2024: IDC Report
CBNEditor
-
February 17, 2020
0
A new report anticipates widespread adoption of cloud-based fintech solutions over the next several decades.
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Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor
Banking
CBNEditor
-
April 14, 2021
0
The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...
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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms
Finance
CBNEditor
-
April 14, 2021
0
The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...
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Chinese CPI Bounces Back into Positive Territory in March
Economy
CBNEditor
-
April 14, 2021
0
China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...
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Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021
Banking
CBNEditor
-
April 14, 2021
0
Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...
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