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  1. Insurance deals make classic cars come to life

    Posted Jul 17th 2009, 12:00am by Staff Reporter

    ... The dream of owning a classic car can be a frustrating one because the costs can prove prohibitive. But there is a range of niche insurance products that can bring that dream of driving ... general rule with motor insurance is that older cars attract a loading cost. And classic cars tend to be sporty or open-top cars which result in even higher premiums. So it can be costly when you ...

    http://www.scmp.com/article/687014/insurance-deals-make-classic-cars-come-life
  2. China Life net surges 55pc in first quarter

    Posted Apr 24th 2009, 12:00am by Staff Reporter

    ... Natalie Chiu China Life Insurance, the nation's largest insurer, said first-quarter profit rose 55.07 per cent as the stock market rebound helped drive investment returns even ... gained 1.79 per cent to 103.42 billion yuan, trailing a 10 per cent average for the country's life insurance industry. The surge in China Life's quarterly earnings came after a 45 per ...

    http://www.scmp.com/article/677973/china-life-net-surges-55pc-first-quarter
  3. Insurers' premium growth slows

    Posted May 16th 2009, 12:00am by Staff Reporter

    ... premium for China Pacific Insurance, the country's third-largest life insurer, dropped to 29.2 billion yuan from 30.6 billion yuan a year earlier. But some insurers appear to have bucked the trend. Ping An Insurance (Group), the nation's second-largest life insurer, reported on Monday a 38 per cent premium increase for its four insurance units in the January-April period. ...

    http://www.scmp.com/article/680439/insurers-premium-growth-slows
  4. Insurers brace for tough sales under ban on cross-selling of products

    Posted May 02nd 2009, 12:00am by Staff Reporter

    ... on cross-selling of financial products. Hong Kong has more than 140 general insurers and 46 life insurers and has long been considered a crowded insurance market. As the global crisis curtailed ... for a 35 per cent increase of agents to 11,500. Standard Life, which entered the Hong Kong insurance market in 2000, is banking on a growing number of mainland customers, who purchase ...

    http://www.scmp.com/article/678795/insurers-brace-tough-sales-under-ban-cross-selling-products
  5. Insurers brace for tough sales under ban on cross-selling of products

    Posted May 02nd 2009, 12:00am by Staff Reporter

    ... on cross-selling of financial products. Hong Kong has more than 140 general insurers and 46 life insurers and has long been considered a crowded insurance market. As the global crisis curtailed ... for a 35 per cent increase of agents to 11,500. Standard Life, which entered the Hong Kong insurance market in 2000, is banking on a growing number of mainland customers, who purchase ...

    http://www.scmp.com/article/678854/insurers-brace-tough-sales-under-ban-cross-selling-products
  6. Insurers' first-half earnings seen doubling

    Posted Jul 21st 2009, 12:00am by Staff Reporter

    ... yesterday. Bigger rival China Life Insurance rose 6.49 per cent to HK$32.80. China Pacific Insurance (Group) added 0.87 per cent to 29.06 yuan in Shanghai. 'The guidance [by the CIRC] ... Natalie Chiu Earnings of the mainland's insurance companies might have doubled in the first half because of higher investment income and lower funding costs, the industry's ...

    http://www.scmp.com/article/687478/insurers-first-half-earnings-seen-doubling
  7. Greenberg blasts AIG for planning to sell life insurer AIA

    Posted Mar 27th 2009, 12:00am by Naomi Rovnick

    ... Assurance, its successful Hong Kong-based life insurance business. Mr Greenberg also said he was firmly against AIG's new plan to dilute its ownership in AIA with an initial public offering ... not be found. But Mr Greenberg argued AIG should not sell any more assets. He called AIA, which has the highest life insurance premium income in Asia, 20 million customers and 250,000 agents, ...

    http://www.scmp.com/article/674817/greenberg-blasts-aig-planning-sell-life-insurer-aia
  8. HSBC to set up life insurance venture with National Trust

    Posted Jun 10th 2009, 12:00am by Enoch Yiu

    ... Enoch Yiu HSBC Holdings has obtained approval from the China Insurance Regulatory Commission to set up a 50-50 joint-venture life insurance company with Beijing-based National Trust. HSBC Life Insurance will have a registered capital of 500 million yuan (HK$567 million) when it is established in the third quarter of the year. National Trust is a privately held trust company ...

    http://www.scmp.com/article/683246/hsbc-set-life-insurance-venture-national-trust
  9. Business strategy pays off for HSBC Insurance

    Posted Sep 12th 2009, 12:00am by Staff Reporter

    ... products and the wisdom of a long-term perspective. These priorities have enabled HSBC Insurance to claim top spot in the local market for new individual life policies, with a 22.4 per cent market ... to overtake traditional insurance companies and had proved resilient throughout the financial crisis. The range of products now included life, medical, travel, MPF and investment-linked choices, ...

    http://www.scmp.com/article/692210/business-strategy-pays-hsbc-insurance
  10. Changing career can open up whole new world

    Posted Dec 29th 2009, 12:00am by Enoch Yiu

    ... is the deputy chief executive of ING Life in Hong Kong and Macau. Unlike many insurance executives who have been in the sector all their careers, he only joined in February 2007. Before that, he ... beers. Now, when he says he works in a life insurance company, people seldom talk about the policies they have. Despite the different nature of the industries, Hekstra has handled the change ...

    http://www.scmp.com/article/702267/changing-career-can-open-whole-new-world

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