Woori snaps up Anbang’s Korean asset management businesses
Sale is part of Beijing’s divestment plans for troubled insurer, while buyer seeks to expand its non-banking footprint
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PICC chief under investigation for corruption
It is the latest in a long-running series of investigations into corruption among the top brass of insurance companies
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Fate of Anbang's Korean holdings remains unclear
Concerns raised over firms’ activities amid general industry downturn
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Why Anbang Insurance isn't so toxic - opinion
Foreign firms may want to give its assets a closer look
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Anbang exploring sale of US offices - report
Company was temporarily seized by regulator last year
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Anbang nears first domestic disposal as Empire unwinds - report
Acquisitive insurer is ready to scale back
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Japan set for biggest year ever for M&A
Meanwhile, some Chinese conglomerates, including insurers, are unwinding their empires
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Anbang Insurance to sell off bank stake for US$2.44 billion
Firm to let go of yet another holding as government caretakers seek to correct its finances
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Why China is home to so many billionaires
A new billionaire is minted in China every two days
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Anbang looking to offload financial leasing unit – reports
Company wants to divest more of its domestic assets, sources say