Some Chinese insurance groups, such as Anbang and Fosun International, have also actively acquired non-insurance assets to diversify outside of the global insurance market. High-profile cases include Anbang’s purchase of the Waldorf Astoria hotel in New York. Photo: AFP
Xie Yu
Opinion

Opinion

Across The Border by Xie Yu

Chinese firms remain keen to invest in insurance targets

Moody’s report says outbound M&A deals by Chinese companies were worth US$6.6 billion in 2015, and have reached US$10.2 billion in 2016 so far

TOP PICKS

Some Chinese insurance groups, such as Anbang and Fosun International, have also actively acquired non-insurance assets to diversify outside of the global insurance market. High-profile cases include Anbang’s purchase of the Waldorf Astoria hotel in New York. Photo: AFP
READ FULL ARTICLE