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  • October 22, 2014
  • Last updated: 4:02am
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  1. Prudential may enter yuan insurance fray

    Posted Jan 14th 2011, 12:00am by Enoch Yiu

    ... Enoch Yiu British insurer Prudential, which is listed in Hong Kong and is the fourth largest in the city, is studying plans to introduce yuan insurance products in the second quarter of the year. Yuan insurance policies, apart from yuan funds and bonds, have become investors' favourites as the currency is widely believed to strengthen by 4 to 6 per cent this year. It has risen ...

  2. News - World - EUROPE

    EC head warns Cameron against 'historic mistake' on immigration

    Posted Oct 20th 2014, 09:41pm by GDN

    ... brake" on immigration and a cap on the number of national insurance numbers- personal identifying codes needed to work in Britain- issued to EU migrants. Barroso said while there was great ...

  3. Property - International - CANADA

    No major changes for housing finance

    Posted Sep 24th 2014, 06:07am by Bloomberg

    ... The government guarantees about C$710 billion (HK$5.02 trillion) worth of Canadian mortgages through state-run Canada Mortgage & Housing Corp (CMHC) and private mortgage insurers. "We're ... and reduce the amount of insurance it has in force, which is capped at C$600 billion. In June, it announced it would no longer insure financing for condominiums. In February, the agency said ...

  4. Property - International - CANADA

    Canada's housing agency curbs condo mortgage insurance

    Posted Jun 11th 2014, 04:39am by Reuters

    ... Reuters in Toronto Mortgage insurance for condo construction to be stopped as housing boom continues Canada's housing agency aims to cut risks Canada's federal housing agency will no longer offer mortgage insurance for condominium construction, as it made further changes to its programmes with the aim of cutting risks amid the country's housing boom. Canada Mortgage ...

  5. News - Asia - Flight MH370

    Malaysia Airlines' insurer initiates payments to MH370 victims' families

    Posted Jun 12th 2014, 11:21pm by AFP

    ... Agence France-Presse in Kuala Lumpur Insurer initiates payments to victims' families Malaysia Airlines' insurer has begun paying the families of passengers on board flight MH370 ... Organisation rules, regardless of fault, in a plane crash. Malaysia Airlines' insurer, a consortium led by Germany's Allianz, is making the payments. Malaysia and Australia have promised ...

  6. Business - Banking & Finance - WHITE COLLAR

    Insurers have millions at stake at World Cup

    Posted Jun 09th 2014, 11:17am by Enoch Yiu

    ... Enoch Yiu Major risks lie in cancellation or postponement of soccer matches due to traffic congestion Insurers have billions at stake as World Cup kick-off nears When the World Cup in Brazil kicks off on Thursday, soccer fans will not be the only ones watching keenly- insurance professionals are also keeping an eye on the tournament. While football fans of various stripes from ...

  7. News - Hong Kong - SOCIETY

    Generation O: Hongkongers increasingly 'overworked, overstressed and overwhelmed'

    Posted Oct 16th 2014, 04:41am by SHIRLEY ZHAO

    ... Hekstra said yesterday. "The malaise is especially evident in Hong Kong." The poll was conducted online for insurer Sun Life Financial by market-research firm Ipsos in August and last ...

  8. News - Hong Kong - CONSUMER AFFAIRS

    Competition watchdog sounds warning on exchange of industry secrets

    Posted Oct 10th 2014, 05:15am by Amy Nip, Toh Han Shih and Benjamin Robertson

    ... the sales directors of three insurance firms attend a corporate golf tournament. During the game, they mention the confidential commission rates they are offering brokers. One director cites his plan to lower his firm's commission rate to a certain level. The next month, all three insurers lower their broker commissions to identical levels. The commission, which investigates ...

  9. Business - China Business - REGULATION

    Regulator eases red tape for marine insurance in Shanghai free-trade zone

    Posted Jun 05th 2014, 02:35pm by Kwong Man-ki

    ... marine insurance The mainland's insurance regulator is using the Shanghai free-trade zone as a testing ground for more flexibility in marine insurance, furthering a goal of cutting red tape. The recent move of the China Insurance Regulatory Commission would streamline the supervision and operation of the marine insurance business in the trade zone, according to Chen Xingyu, ...

  10. Business - Banking & Finance - WHITE COLLAR

    Give new insurance regulator power to examine pay and products

    Posted Jun 02nd 2014, 11:47am by Enoch Yiu

    ... Enoch Yiu New authority should also look at employer's role in mis-selling, with pressure on agents Insurance regulator needs broader reach The legislative process for setting up an Independent Insurance Authority began last week, and lawmakers are set to spend months debating what the new regulator should and should not do to protect Hongkongers with their nine million policies. ...




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