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  1. 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 ...

  2. 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 ...

  3. 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 ...

  4. Eurizon completes stake purchase in Union Life

    Posted Apr 09th 2007, 12:00am by Staff Reporter

    ... Frederick Yeung Union Life, an insurance company in Wuhan, said Eurizon Financial Group had completed taking a 19.9 per cent stake in the firm for 860 million yuan. Eurizon of Italy paid ... insurance products, was founded in 2005 by six private investors, including Zhongfa Industrial Group, a Beijing conglomerate. Zhongfa has a 20 per cent stake in Union Life and is the single largest ...

  5. The best cover for everyone

    Posted May 15th 2007, 12:00am by John Cremer

    ... by setting up umbrella insurance protection. This could include basic life and medical cover, as well as a range of additional items perhaps providing cover for disability, long-term care or premium ... fund with different risk and return characteristics. By insuring more than one life in a single policy, customers could save costs, Mr Chan said. Because the premium payment terms were ...

  6. 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, ...

  7. 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 ...

  8. New China Life puts off US$1b IPO

    Posted Mar 09th 2007, 12:00am by Staff Reporter

    ... Amy Gu in Beijing Delay stems from protracted probe into the firm and its ex-chairman over 800m yuan fund misuse New China Life Insurance will delay its initial public offering of up ... privately-owned firms, yesterday. Orient holds 13 per cent of the insurer through two subsidiaries. When it finally does an IPO, New China Life might do so simultaneously in Shanghai and Hong Kong, ...

  9. Fulfil your space dream

    Posted May 18th 2007, 12:00am by Elaine Yau

    ... Elaine Yau Six children will have the chance to go to the US for space training and stargazing this summer. The trip is organised by MassMutual Asia. Since 1999, MassMutual Jr Space Camp has sponsored children and their parents for space training at the U ...

  10. Insurer needs someone to build on momentum

    Posted Sep 15th 2007, 12:00am by Jolene Otremba

    ... Jolene Otremba The sky is the limit in this exciting opportunity to join a Fortune 100 company. New York Life Insurance Company is on the lookout for an associate vice-president, finance, ... principles knowledge and a strong grasp of the life insurance business. Although, Mr Harrison said, there was no one 'best' personality for any of the positions. 'We assess all ...




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