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  • July 26, 2014
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Results 1 - 10 of 24 for income

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  1. 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 ...

  2. 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 ...

  3. Business - China Business - INSURANCE

    PICC first-half net profit jumps 24pc on higher income from premiums

    Posted Aug 21st 2012, 12:00am by Angela Che, Bloomberg

    ... Angela Che and Bloomberg Rival China Pacific vows to avoid taking part in price wars, after first-half net falls 54.6 per cent Profit at PICC up 24pc on higher premiums income PICC Property & Casualty, China's biggest non-life insurer, said first-half profit rose 24 per cent as premiums income increased and underwriting profitability improved. Net income climbed ...

  4. 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 ...

  5. 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 ...

  6. 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 ...

  7. Business - China Business - INSURANCE

    Foreign insurers lobby to open up Guangdong market

    Posted Mar 10th 2014, 05:59am by Enoch Yiu

    ... strong growth in mainland sales and future prospects were bright, he said. All foreign life insurance firms in China posted 25.56 per cent growth in premium income last year while all foreign ...

  8. Business - Companies - INSURANCE

    Protection policies back in mainstream

    Posted Dec 23rd 2013, 04:47am by Kwong Man-ki

    ... intensified competition." Growth in premium income had slowed since 2009, when the fundamental need of customers began to change, he said. From 2002 to 2009, as mainlanders started to accumulate ...

  9. Business - China Business - INSURANCE

    China turns to tax aid in private pension push

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

    ... will see long-term benefits over the coming three to five years,” he said. According to an estimate by Guotai Junan Securities, the country’s premium income from commercial pension insurance could ... pension insurance will account for 50 per cent of total life insurance premium income, which is expected to reach 10.2 trillion yuan with an annual growth rate of 12 per cent. ...

  10. Business - China Business - INSURANCE

    China Life profit rises 68pc

    Posted Aug 29th 2013, 12:00am by Kwong Man-ki

    ... half China Life Insurance, the mainland's largest insurer, said its first-half net profit grew 68.1 per cent on the back of strong investment income and fewer impairments. It warned rising ... the company said in a filing to the Hong Kong Stock Exchange yesterday. The earnings beat an estimate of 14.8 billion yuan by four analysts polled by Thomson Reuters. Investment income increased ...




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