zurich insurance

Zurich Insurance sells out of New China Life

Half of the $943 million block trade is taken up by Swiss Re, giving it a 9.4% stake in the company at a time when analysts say the Chinese life insurance sector is undergoing a positive re-rating.

November 21, 2013

Temasek confirms sale of Huaneng Renewables

Choice of targeted club deal reflects jittery market environment, and bankers say they expect more such deals as sellers seek alternative ways to achieve better pricing.

July 22, 2013

Zurich Insurance shifts gaze away from China

Zurich Insurance sold $283 million of shares in New China Life, at a time when foreign insurers are struggling to develop a profitable China strategy.

July 12, 2013