Chinese authorities have asked Anbang Insurance Group Co., whose chairman was detained in June, to sell its overseas assets and bring the proceeds back to China.
However, the company said, “Anbang at present has no plans to sell its overseas assets. Currently, Anbang’s various businesses and operations are all normal, and the company has ample cash and sufficient solvency capabilities.”
Anbang was among the most prominent of the Chinese insurers that, fueled by soaring sales of investment-type insurance policies, went on a global buying binge, resulting in its 2014 acquisition of New York’s Waldorf Astoria hotel, which catapulted the company into the public eye. Chairman Wu Xiaohui has been detained for questioning since mid-June, while the policies fueling Anbang’s growth have been all but banned by regulators.
For more on this story, go to Bloomberg.
中国当局、6月拘束のアンバン保険Gに、海外資産売却及び収益返済を要請
しかし、同社は、「現在、アンバンは海外資産を売却する計画はない。現在、アンバンの様々な事業と業務はすべて正常であり、十分な現金と十分なソルベンシー能力を備えています。
アンバンは、投資型保険販売が急増したことで、投資対象として2014年にニューヨークのウォルドーフ・アストリア・ホテルを買収した。 6月中旬以降、呉小匯(ウ・シャオホイ)議長が尋問され、アンバンの成長政策は規制当局によって禁止されている。詳細については、ブルームバーグへ。