Anbang Insurance Group

E427505

Anbang Insurance Group is a now-defunct Chinese insurance conglomerate that rapidly expanded through high-profile global acquisitions before being taken over and dismantled by the Chinese government amid regulatory and financial concerns.

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Label Occurrences
Anbang Insurance Group canonical 1

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Statements (43)

Predicate Object
instanceOf conglomerate
defunct company
insurance company
businessModel selling high-yield insurance and wealth management products
chairman Wu Xiaohui NERFINISHED
country China
dateFounded 2004
dateOfTakeover 2018
dissolved yes
foundedBy Wu Xiaohui NERFINISHED
hadSubsidiary Anbang Life Insurance NERFINISHED
Anbang Property & Casualty Insurance NERFINISHED
headquartersLocation Beijing
industry financial services
insurance
keyPerson Wu Xiaohui NERFINISHED
knownFor aggressive global acquisition strategy
rapid expansion
regulatory scrutiny
legalForm private company
notableAcquisition Delta Lloyd Bank Belgium NERFINISHED
FIDEA NERFINISHED
Strategic Hotels & Resorts NERFINISHED
Tongyang Life Insurance NERFINISHED
VIVAT NERFINISHED
Waldorf Astoria New York NERFINISHED
operatedIn China NERFINISHED
Europe NERFINISHED
South Korea NERFINISHED
United States of America
surface form: United States
owner Chinese government NERFINISHED
reasonForTakeover corporate governance issues
financial risks
regulatory concerns
regulator China Banking and Insurance Regulatory Commission NERFINISHED
China Insurance Regulatory Commission NERFINISHED
restructuredInto Dajia Insurance Group NERFINISHED
status defunct
subjectOf international media scrutiny
regulatory investigation in China
successor Dajia Insurance Group NERFINISHED
takenOverBy China Insurance Regulatory Commission NERFINISHED
Chinese government NERFINISHED

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Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Waldorf-Astoria Hotel owner Anbang Insurance Group