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  • April 21, 2014
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Results 1 - 10 of 34 for dutch bank ING

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  1. Business - China Business - INSURANCE

    Value and stable growth top Chinese insurers' agenda

    Posted Apr 12th 2014, 12:59am by Kwong Man-ki

    ... dependence on bancassurance, which result in higher fees and lower margins, could be reduced in the long term, the analysts said. Under the new bancassurance rules, a bank is limited to co-operate ...

  2. Business - Banking & Finance - INSURANCE

    Chinese tourists buy 16pc of life insurance sold in Hong Kong

    Posted Apr 07th 2014, 10:08am by Enoch Yiu

    ... agents are barred from selling any products on the mainland, but mainlanders can buy policies from Hong Kong agents or banks when they visit the city. Chan Kin-por, the legislator ... or the bank staff do not get the time to fully disclose the risks or product features to them. Some mainland tourists could complain in future [if things go wrong]." Some insurance companies have ...

  3. Business - Companies - INSURANCE

    Citibank bancassurance deal expected to add to strong sales growth for AIA

    Posted Feb 21st 2014, 02:57pm by Enoch Yiu

    ... largest market, jumped 28 per cent to US$468 million. The growth in the company's new business value was also driven by its acquisitions of ING's Malaysian business and Sri Lanka's ... to its corporate clients and 13 million banking customers in 11 markets across Asia. Credit Suisse analyst Arjan van Veen said the Citibank deal would benefit AIA. "We believe this deal ...

  4. Business - Banking & Finance - INSURANCE

    Regulatory issues holding back growth in bank insurance

    Posted Mar 04th 2014, 05:09am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Citibank's deal with AIA proves a boost to industry growth, though most insurers face shortage of bank partners due to regulations HKMA rules hold back growth in bancassurance Bancassurance sales have been on the rise in Hong Kong but insurance executives say future growth is being restricted by regulatory issues. While banks have branch ...

  5. Business - Companies - INSURANCE

    UK insurer Prudential to keep its focus on Asia

    Posted Aug 20th 2013, 12:00am by Ray Chan

    ... rival in the region- bought Dutch bank ING's Malaysian life insurance operations, in a separate sign of major insurers' growing interest in the Asian market. ... had a relatively low penetration rate in Southeast Asia, he said. Prudential acquired the life assurance unit of Thailand's privately owned Thanachart Bank in 2011 and had retained 100 ...

  6. Business - Companies - INSURANCE

    Richard Li appoints Ronald Arculli as chairman of insurer FWD

    Posted Oct 24th 2013, 11:13am by Ray Chan

    ... it was investing up to US$425 million to acquire a minority stake in FWD, an insurance business that PCG bought from ING last year. Zurich-based Swiss Re, the world's second-largest reinsurance ... richest man, Li Ka-shing, sold his stake in Pacific Century Insurance to Fortis. He re-entered the business through PCG's US$2.14 billion purchase of ING's insurance operations in Hong ...

  7. Business - Banking & Finance - INSURANCE

    Chinese insurers eye opportunities in online payment services

    Posted Feb 27th 2014, 11:05am by Kwong Man-ki

    ... payment services would be key to linking up various businesses, including insurance, banking, trust and securities, a spokesman said. Wealth management and insurance were already offered under ... According to the People's Bank of China, 250 third-party payment licences have been issued since 2011. Last year, mobile payment transactions on the mainland rose 318 per cent from the previous ...

  8. Business - Banking & Finance - INSURANCE

    Insurers show appetite for yuan denominated products

    Posted Feb 11th 2014, 01:57am by Enoch Yiu

    ... "This enabled them to launch yuan insurance policies." Choy Chung-foo, insurance business adviser for the Bank of China (Hong Kong) said: "Yuan insurance products are not a marketing ...

  9. Business - Companies - INSURANCE

    Fast FWD plan to put rebranded unit in top five

    Posted Sep 12th 2013, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Emerging from part of ING business bought by Richard Li-backed Pacific Century, FWD's lofty goals will be supported by doubling of agents Fast FWD plan to put rebranded unit in top five A part of the regional ING operation that Richard Li Tzar-kai's Pacific Century Group had bought last year was relaunched as FWD yesterday. Unveiling ...

  10. Business - China Business - INSURANCE

    Chinese insurers to get income boost from reform

    Posted Dec 30th 2013, 12:03pm by Kwong Man-ki

    ... of bancassurance- insurance products sold through banking networks- would likely pick up after an expected approval from the banking regulator for insurance companies to place sales staff in bank branches, ...




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