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  • August 22, 2014
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  1. Business - Companies

    Fosun International in talks to buy Swiss Re's US life insurance unit

    Posted Aug 20th 2014, 01:34am by BLOOM

    ... life insurance arm of Swiss Re, people with knowledge of the matter said. Fosun was seeking to buy Aurora National Life Assurance for between US$400 million and US$500 million, the people said. A deal had not been reached and the talks could still fall through, they said. Zurich-based Swiss Re began working with Barclays last year to sell Aurora, a life insurance and annuity provider ...

    http://www.scmp.com/business/companies/article/1577246/fosun-international-talks-buy-swiss-res-us-life-insurance-unit
  2. Lifestyle - Food & Wine

    Guide to the city's online food courier services

    Posted Aug 21st 2014, 04:59pm by Nan-Hie In

    ... Nan-Hie In life@scmp.com Digital food couriers are taking off with the arrival of several newcomers, promising diners a wide variety of takeaway menus and to-the-door delivery. We put them ... Rohan Muralee, who works in insurance, is a regular user of FoodByWeb.com.hk "The vast majority of the restaurants do not deliver independently, so if you want food at home, then you can ...

    http://www.scmp.com/lifestyle/food-wine/article/1578481/our-guide-internet-food-courier-services-hong-kong
  3. Lifestyle - Family & Education - INSIGHT

    Insight: greater clarity needed about what professional qualifications mean

    Posted Aug 11th 2014, 09:39am by Katherine Forestier

    ... Katherine Forestier life@scmp.com Clarity on awards needed for cooperation For students who are completing their higher education, a degree- even at master's level- is often ... are also rapidly building their university partnerships. While overseas awards are not recognised for local practice in areas such as law, accountancy and insurance, they are well received ...

    http://www.scmp.com/lifestyle/family-education/article/1569310/insight-greater-clarity-needed-about-what-professional
  4. Business - Companies - ACQUISITIONS

    Dai-ichi Life looks to buy US insurer Protective Life

    Posted Jun 03rd 2014, 01:30am by Reuters

    ... Reuters in Tokyo Deal-hungry giant in talks for Protective Life, a source says, with a tipped US$5b-plus price tag ranking as the biggest move by a Japan insurer Dai-ichi Life looks to buy U.S. insurer Japanese insurer Dai-ichi Life is in advanced talks to buy Protective Life of the United States in a deal that could be worth more than US$5 billion, a source said yesterday. ...

    http://www.scmp.com/business/companies/article/1524111/dai-ichi-life-looks-buy-us-insurer-protective-life
  5. Business - Companies - ACQUISITION

    Acquisition of assets from parent boosts insurer China Taiping’s profit

    Posted Aug 21st 2014, 03:47pm by Kwong Man-ki

    ... said in a statement to the Hong Kong stock exchange on Thursday. The acquisition of shares in Taiping Life and Taiping General Insurance was completed by the end of last year, it said. ... an additional 25.05 per cent interest in Taiping Life from parent China Taiping Insurance Group late last year, with its shareholding increasing to 75.1 per cent. It also acquired its parent’s 38.79 per ...

    http://www.scmp.com/business/companies/article/1578484/acquisition-assets-parent-boosts-insurer-china-taipings-profit
  6. Business - China Business - INSURANCE

    Chinese insurers could see better prospects after first-half squeeze

    Posted Aug 18th 2014, 01:56pm by Kwong Man-ki

    ... Phillip Securities analyst Chen Xingyu said. China Life Insurance and PICC Property & Casualty, the largest players in the life and non-life insurance segments respectively, faced the biggest ... cent to 14.3 billion yuan (HK$18 billion), while Shenyin Wanguo Securities expects the insurer’s earnings to grow 0.72 per cent to 16.32 billion yuan. China Life said its accumulated premium ...

    http://www.scmp.com/business/china-business/article/1575997/chinese-insurers-could-see-better-prospects-after-first-half
  7. Comment - Insight & Opinion - WHITE COLLAR

    What's in a name? Some insurance policies smell too sweet

    Posted Aug 11th 2014, 12:19pm by Enoch Yiu

    ... banning products from being called life insurance if the life coverage is too low. New guidance issued by the Office of the Commissioner of Insurance last week on investment-linked insurance ... insurance policies", as they are called in the industry, provide only 1 per cent of the account's value for life protection. Because ‘bonds’ sound like a safe investment, and if a bond ...

    http://www.scmp.com/comment/insight-opinion/article/1571220/whats-name-some-insurance-policies-smell-too-sweet
  8. Education is key to capturing insurance market share

    Posted Aug 18th 2014, 04:34pm by Reports by Krystin Chu and Khay Inn Poh

    ... a joint-venture partnership with the American International Assurance (AIA) in 1984. It became one of the first multinational joint-venture life insurance companies in Indonesia. "We successfully ... of the largest European financial institutions. It has also been working with Meiji Yasuda, one of the market leaders in the Japanese life insurance industry. Avrist's local expertise, combined ...

    http://www.scmp.com/article/1576072/education-key-capturing-insurance-market-share
  9. Lifestyle - Arts & Culture

    The wages of spin

    Posted Jul 14th 2014, 03:13am by BEN SIN

    ... is blasting through the amps. The senior insurance professional has heard the song a thousand times before in his native Australia, but this time it sounds a bit different: Dungey watches, fascinated, ... Music was born, in June 2013. Other newcomers include SonicInsights, DJ4Life Academy and Soda Mix DJ School. Wong Tin-ho, who has been conducting classes at Baron School of Music since 2006, ...

    http://www.scmp.com/lifestyle/arts-culture/article/1552049/wages-spin
  10. Business - Money - INVESTMENT

    Reforms on insurance-linked investment products bring shake-up

    Posted Aug 11th 2014, 03:56am by Benjamin Robertson

    ... will have a major impact on how life insurance companies and agents operate, say analysts and senior industry executives. They argue that commissions and product fees will drop and clients ... products marketed to both expatriate and local investors. Such products combine life insurance, investment and estate planning structures and allow investors to spread small sums of money between ...

    http://www.scmp.com/business/money/investment-products/article/1570890/reforms-insurance-linked-investment-products

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