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  1. Agent test aims to make insurance cover travel further

    Posted Jul 05th 2005, 12:00am by Enoch Yiu

    ... Enoch Yiu The insurance sector was abuzz last week with a long list of talking points. Among the hot topics: the comeback of the 'godfather', the move by the office of the Hong Kong Confederation of Insurance Brokers and a new examination for travel agents. No, 'travel agents' is not a typo. The new examination proposed for early next year is not for our ...

  2. Magazines - Money - INVESTMENT: INSURANCE

    Your life in the balance

    Posted Sep 17th 2012, 12:00am by Nicky Burridge

    ... Ensuring the right level of life insurance is the foundation to all sensible- and pre-emptive- financial planning, writes Nicky Burridge Your life in the balance The thought of not being ... insurance is necessary and what form it should take can seem bewildering. Ensuring you have the right level of cover in place is the cornerstone of good financial planning. For the lay person's ...

  3. Zurich Financial in talks for Shanghai licence

    Posted Mar 17th 2010, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai Zurich Financial Services Group, Europe's fourth-largest insurer by market value, is in talks with China's insurance regulator to secure a property insurance licence in Shanghai, the company said yesterday. The Shanghai subsidiary would be the Swiss insurer's second wholly owned unit on the mainland, after it set up a unit in Beijing ...

  4. Insurance group out to treble sales force

    Posted Jan 16th 2010, 12:00am by John Cremer

    ... profit- the group is looking to build on the strong display of its life insurance division with further hiring and an aggressive push in fast-expanding markets. 'We will look at any ... executive of Zurich Global Life Insurance. He says the company is strong in management, back office and information technology. The expansion strategy will focus on improving product distribution ...

  5. Small insurers may soon invest in stocks

    Posted Jul 23rd 2008, 12:00am by Staff Reporter

    ... Adam Chen in Beijing Regulator to consider firms' capital, staff size, IT systems and risk-control capabilities The mainland insurance watchdog is drafting regulations to allow small and medium-sized insurance groups to invest directly in the mainland stock market, according to an industry source. All small and medium-sized insurance corporations that meet regulatory requirements would ...

  6. Industry gets clearance to invest in unlisted firms

    Posted Nov 08th 2008, 12:00am by Staff Reporter

    ... Jane Cai The State Council has given approval for insurers to buy equity in unlisted companies in a bid to widen their investment channels, the insurance regulator says. The investment priority was in infrastructure projects because they could generate stable returns, Yuan Li, a spokesman for the China Insurance Regulatory Commission, said yesterday. The regulator was drafting ...

  7. Company profile- Bank of China

    Posted Jun 11th 2007, 12:00am by Staff Reporter

    ... Bank of China's principal activity is to provide financial services covering banking, investment banking and insurance. It provides commercial banking services to individual and corporate customers. The bank operates through three principal lines of business: commercial banking, investment banking and insurance. The commercial banking includes deposit-taking, lending, ...

  8. New policy to offer tourists better coverage

    Posted Aug 22nd 2011, 12:00am

    ... Simpson Cheung simpson.cheung@scmp.com Partial loss of limbs may be compensated for in future under a travel insurance policy to be launched by a major insurer. Hong Kong insurers currently only pay out when victims suffer complete loss of limbs or death. However, following criticism of insurers who declined to pay out in the aftermath of the Manila hostage shootings which ...

  9. Business - INSURANCE

    Economic slowdown to hit Asian insurers hard

    Posted Aug 22nd 2012, 12:00am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Economic slowdown to hit Asian insurers hard Asia's insurance industry will take a hit from the economic slowdown in China and Europe, but stimulus measures such as infrastructure spending by Asian governments offer a ray of hope, analysts at Swiss Re Group say. "Slowing GDP growth will be a drag on both life and non-life insurance demand ...

  10. Local insurers seek exemption from US tax law

    Posted Jul 09th 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com Hong Kong insurers are the latest to oppose a proposed US tax law, and are seeking waivers to protect nine million local policies that could be affected by it. ... of Hong Kong insurers and pension providers and would affect their investment choices. That's why the Hong Kong insurance industry is opposing FATCA,' said Lennard Yong, chairman ...




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