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.

All labels observed (7)

How this entity was disambiguated

Statements (43)

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

How these facts were elicited

Referenced by (8)

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

Waldorf-Astoria Hotel owner Anbang Insurance Group
Anbang Insurance Group notableAcquisition Tongyang Life Insurance
linked to: Anbang Insurance Group
Anbang Insurance Group successor Dajia Insurance Group
linked to: Anbang Insurance Group
Anbang Insurance Group restructuredInto Dajia Insurance Group
linked to: Anbang Insurance Group
Anbang Insurance Group hadSubsidiary Anbang Property & Casualty Insurance
linked to: Anbang Insurance Group
Anbang Insurance Group hadSubsidiary Anbang Life Insurance
linked to: Anbang Insurance Group
Waldorf Towers ownedBy Anbang Insurance Group (after 2015 acquisition of Waldorf Astoria)
linked to: Anbang Insurance Group
Waldorf-Astoria Hotel owner Anbang Insurance Group (historically, after 2015)
linked to: Anbang Insurance Group