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  • September 20, 2014
  • Last updated: 11:21am
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Results 1 - 10 of 29 for income tax

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  1. Business - China Business - INSURANCE

    Chinese insurers could see better prospects after first-half squeeze

    Posted Aug 18th 2014, 01:56pm by Kwong Man-ki

    ... income for the first six months was 196.9 billion yuan, down 2.8 per cent from the same period last year. Ping An Insurance, the second-largest insurer, is set to release its first-half results ... pledge of support. Insurers will have more room or buffer to expand into new insurance segments if bolstered by better investment income Chen Xingyu, Phillip Securities analyst The cabinet ...

  2. Business - China Business - INSURANCE

    China turns to tax aid in private pension push

    Posted Dec 09th 2013, 11:07am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Beijing is expected to offer tax exemptions and deferrals to encourage individuals to buy pension plans in a pilot programme in first-tier cities China turns to tax aid in private pension push Private pensions and annuities are set to become pillars of the mainland’s welfare system, as the Communist Party moves to provide tax ...

  3. Business - Money - INSURANCE

    City insurance authority bans indemnity commissions

    Posted Aug 05th 2014, 01:13pm by Benjamin Robertson

    ... of upfront-commission-paying products to support their business costs and personal income. "There will be an inevitable contraction in the market as in all markets there will be people who don't want ...

  4. News - Hong Kong - INSURANCE

    Scrap new insurance tax, says consumer rights chief

    Posted Apr 16th 2013, 12:00am by Patsy Moy and Stuart Lau

    ... Patsy Moy and Stuart Lau Plan for policyholders to pay for insurers' independent authority is wrong, says Hong Kong's new protector of customer rights Scrap new tax, says ... proposal, the authority will be self-financed, with income from licence fees paid by insurers and salespeople and from a levy of 0.1 per cent on policy premiums. In the long term, the levy ...

  5. Business - China Business - INSURANCE

    Insurers consider likelihood of catastrophic storm in the Pearl River Delta

    Posted Jul 07th 2014, 05:26am by Jasper Moiseiwitsch

    ... going to where the money is, specialist insurers go to where the disaster is. While the potential payouts are enormous, the income streams from premiums are also robust. "We expect ...

  6. Business - China Business - INSURANCE

    Chinese insurers to get income boost from reform

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

    ... income boost from reform Regulatory reform this year is positioning mainland insurers for solid growth in premium income, with prospects for next year boosted by expectations of more diverse ... income," said Lillian Zhu, a research manager at investment consulting firm Z-Ben Advisors. The China Insurance Regulatory Commission announced in August the removal of a 2.5 per cent cap ...

  7. Business - China Business - INSURANCE

    Value and stable growth top Chinese insurers' agenda

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

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Surge in premium income is likely to ease as industry players pursue long-term profitability while diversifying into cost-saving sales ... income will be unlikely, but the strategy switch will benefit long-term profitability." Last year, China Life posted a 12.2 per cent gain in first-year regular premium with a payment period ...

  8. Business - Economy - INSURANCE

    China among countries underinsured against natural disasters, says ADB

    Posted Apr 23rd 2014, 12:50am by Jeanny Yu

    ... in the region, it says, could strengthen financial resilience through special regulatory regimes for micro-insurance schemes or catastrophe-linked securities; introduce tax incentives for private ...

  9. Business - China Business - INSURANCE

    Strong profit growth forecast for Chinese life insurers

    Posted Mar 10th 2014, 10:13am by Kwong Man-ki

    ... insurers see profits rebound on investments The mainland's life insurers are poised to report robust growth in profit last year on the back of strong investment income, but the value of new ... its results. The recovery in capital markets last year bolstered growth in life insurers' investment income, Phillip Securities analyst Chen Xingyu said, forecasting respectable profit ...

  10. Business - China Business - INSURANCE

    Regulator warns of rise indebt risks

    Posted Mar 22nd 2014, 01:30am by Daniel Ren

    ... by the national and local governments to fund the infrastructure construction, low-income housing projects and energy development, sources said. The regulator is … doing a good job by warning ...




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