Caixin

What's Driving Insurer Anbang's Big Bang?

By staff reporters Ding Feng and Jia Huajie

(Beijing) -- A Chinese insurance firm whose asset have swollen to more than 1 trillion yuan in just 10 years is also a rising global investor with recent deals for a mainland bank, a Belgian insurer and a famous Manhattan hotel.

Despite these and other high-profile investments, a degree of mystery surrounds the shareholding structure of Anbang Insurance Group Co. Ltd., its business operations, relations with government regulators, and Chairman Wu Xiaohui.

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