ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Anbang shows China's vanishing divide between public and private

Takeover of insurer should come as no surprise

| China
Anbang Insurance Group Chairman Wu Xiaohui   © Reuters

The move by Chinese regulators to take control of Anbang Insurance Group, the nation's third-largest insurer in terms of assets, has sent a loud signal across the financial industry.

Loud, but not so clear. From a business perspective, nothing has really changed. Since last June, Chairman Wu Xiaohui has effectively been under arrest and the China Insurance Regulatory Commission has been inside the company trying to unravel what has been going on.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more