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  1. Gains spur New York Life to add agents

    Posted Jul 19th 2007, 12:00am by Enoch Yiu

    ... Enoch Yiu New York Life Insurance plans to boost its 1,000-strong sales force to 1,700 over the next two years after a 50 per cent gain in sales of new life policies in the first half of this year. 'While many other insurance companies use the internet or bank networks to sell policies, we believe professional agents remain the best sales channels as they can offer comprehensive ...

  2. Standard Life venture to extend reach to 100 mainland cities

    Posted Oct 20th 2007, 12:00am by Enoch Yiu

    ... Enoch Yiu in Edinburgh Standard Life Group, the Edinburgh-based life insurer, plans to expand its mainland network to 100 cities by 2012 from six now. Operations director Marcia Campbell ... the giant market in China which has huge demand for life insurance,' Ms Campbell said. Established in 1825, the insurer listed its share in London last year and had GBP140.6 billion (HK$2.23 ...

  3. Bank of China turns focus to life insurance market

    Posted Dec 14th 2007, 12:00am by Staff Reporter

    ... Maria Chan BOC lured towards more income, larger revenue streams The Bank of China has set its sights on the mainland's lucrative life insurance market, with a possible eye towards ... achieve its goals either though acquisitions, forming its own life insurance company, or working with other life insurers on the mainland. 'We are considering all of these and hope we can ...

  4. China Life nets 7.8b yuan on investment earnings

    Posted Oct 30th 2007, 12:00am by Staff Reporter

    ... Jonathan Yang Insurer among world's top 10 companies by market value China Life Insurance, the country's largest life insurer, yesterday posted third-quarter net profit of 7.82 billion yuan on investment gains amid rising insurance premiums. China Life, reporting third-quarter numbers for the first time since raising 28.3 billion yuan in a share listing in Shanghai ...

  5. Earnings at China Life soar 114.4pc

    Posted Apr 18th 2007, 12:00am by Staff Reporter

    ... Maria Chan China Life Insurance, the mainland's largest life insurer, said profit surged 114.44 per cent last year to a record, as it sold more policies and reaped higher returns from ... Life declared a final dividend of 14 fen per share. Its stock closed 2.14 per cent lower at HK$25.15 yesterday. Reaping the fruit China Life Insurance's forecast-beating net profit, ...

  6. Ex-New China Life boss arrested

    Posted Nov 21st 2007, 12:00am by Staff Reporter

    ... Natalie Chiu The former chairman of New China Life, the mainland's fourth-largest life insurer, has been arrested for allegedly embezzling 13 billion yuan from his company during his eight years at the helm. The mainland insurance regulator convened a meeting with New China Life shareholders yesterday and told them that the authorities had taken action against Guan Guoliang, ...

  7. Life insurance is for survivors

    Posted Jan 13th 2007, 12:00am by Oliver To

    ... agent to succeed in a cut-throat market like Hong Kong. Ten years ago, life insurance products were generally perceived as a curse to longevity rather than a means of personal protection. ... Examination, which will qualify the person as a consultant to offer the company's life insurance and investment-linked products. Some people may think the insurance business in Hong Kong has been ...

  8. China Life warns of bumps despite boom

    Posted Aug 28th 2007, 12:00am by Enoch Yiu

    ... Enoch Yiu China Life Insurance yesterday warned of tougher times ahead, even as the stock market boom and rising premiums helped the mainland's biggest life insurer post better than ... capital market volatility and intense competition in life insurance'. There is growing concern that the mainland's largest companies are too reliant on income from the surging stock ...

  9. China Life unit partners Aetos in mainland property push

    Posted Jun 21st 2007, 12:00am by Peggy Sito

    ... Peggy Sito China Life Asset Management, an affiliate of the country's biggest life insurance company, has formed a partnership with United States-based Aetos Capital, paving the way ... for insurance companies to invest in property. Mainland insurance companies can invest in the financial markets such as stocks and bonds but not properties. It was unclear if China Life would invest ...

  10. Yang Chao retains China Life post

    Posted Jan 27th 2007, 12:00am by Jamil Anderlini

    ... Jamil Anderlini in Beijing Wu Yan named next PICC chairman in last-minute switch China Life Insurance chairman Yang Chao narrowly avoided being transferred to the helm of PICC Property and Casualty, the country's largest non-life insurer, in what sources say is a display of his personal star power and high-level political connections. Instead, the China Insurance Regulatory ...




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