A Chinese woman bought a 'love insurance' policy back in 2016 for just $28, and recently claimed her $1,400 payout because ...
(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 ...
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Chinese woman who paid $28 for ‘love insurance’ receives $1,400 payout after marrying a decade later
A Chinese woman who spent just $28 on love insurance years ago later claimed a $1,400 payout after marrying her longtime ...
The report mentioned that the 'love insurance' policy was discontinued in 2017; however, the existing policies remain valid.
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 ...
Surging car sales from China’s automakers might not be quite as clear-cut as they seem. Behind the headline-grabbing numbers lies a practice that’s prompting questions: some companies appear to be ...
Simply sign up to the Chinese business & finance myFT Digest -- delivered directly to your inbox. Purchases of Hong Kong insurance policies, a key conduit for individuals to move capital out of ...
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 ...
HONG KONG--(BUSINESS WIRE)--Declining interest rates in China have led to narrowing spreads and increased reinvestment risk for domestic insurance companies, according to a new AM Best report, placing ...
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