Ping An Insurance Group, China's second-largest insurer, is teaming up with Ctrip.com to sell smog insurance to tourists traveling to seven Chinese cities, according to Bloomberg.
China's insurance regulator is seeking more information from Ping An Insurance after reviewing HSBC's planned sale of its $9.4 billion stake in China's No. 2 insurer to Thailand's CP Group.
China's insurance regulator is seeking more information from Ping An Insurance after reviewing HSBC's planned sale of its $9.4 billion stake in China's No. 2 insurer to Thailand's CP Group.
A conglomerate controlled by Thailand's richest man has bought a minority stake in China's Ping An Insurance for $9.38 billion from global bank HSBC, a bold move that ranks as Asia's second-largest deal this year.