An auction for the fallen insurer’s core holdings is stymied again after failing to attract even a single bidder

Company created to take over a significant portion of the conglomerate’s assets has failed to complete its restructuring on time

Former highflyer was a major target in the government’s long-running crackdown on financial risks and set the template for winding down debt-laden conglomerates

Beijing-based insurer sues South Korean firm over deal to purchase portfolio of U.S. luxury hotels

Anbang Insurance, brought down by the hubris of its founder, Wu Xiaohui, has undergone radical surgery and is now ready for a new life under new management

Plus, China passes cryptography law, Huawei gets U.K., Portugal nod, pig production could bottom out, and Caixin best at 10

Anbang will be barred from taking on new insurance contracts, though it will be responsible for its existing policyholders

Debt-ridden insurance conglomerate reshuffles assets among subsidiaries under government supervision

China Insurance Regulatory Commission seeks to charge founder Wu Xiaohui with economic crimes