Archive

Anbang mulling selling Waldorf Astoria back to Blackstone, reports say

Trophy-property hunting Chinese insurer Anbang Insurance Group is reported to be discussing selling New York's iconic Waldorf Astoria hotel back to private financiers Blackstone Group for an undisclosed sum.

Allianz sells Korean investment business to Anbang

Poor investment climate and crackdown on unorthodox products lead to Anbang downgrade

Rating agency Dagong also highlights problematic debt burden of foreign loan investments under domestic guarantee

M&A: tipping the scales

With a squeeze on fees and increased competition, the asset management world is realising the need for scale. Insurers have already started on the M&A trail, but there appears to be much more on the way. Sarfraz Thind reports

CIRC refutes claims it ordered Anbang to sell off foreign assets

Regulator denies media reports after insurer dismissed rumours

Beijing to tighten foreign investment controls at state-owned insurers

Authorities concerned by "irrational" foreign investments stemming from lack of accountability

Anbang told to sell overseas assets, sources say

Chinese insurer came under investigation in 2016 but has refuted latest claims on social media

China's life sector sits on risky ALM mismatches

Insurers face heightened liquidity risk, according to Fitch, stemming from sales of short-term savings products

Chinese insurers eye foreign alternatives markets

Senior investors expect regulatory loosening in 2018, allowing firms to increase overseas investment

Blackstone to manage investments for Fidelity & Guarantee Life

Funds affiliated to Blackstone form part of investor consortium to buy US annuity provider