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  • August 30, 2014
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  1. Business - China Business - EARNINGS

    Insurer China Life diversifies with bid for Sinopec retail unit

    Posted Aug 28th 2014, 05:03am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Mainland insurer targeting petrol station chain after reporting 13pc rise in first-half net profit China Life in bid for Sinopec unit China Life Insurance is seeking to diversify its investment portfolio by planning to invest in China Petroleum & Chemical Corp's (Sinopec) retail unit after reporting better-than-expected ...

    http://www.scmp.com/business/china-business/article/1581324/insurer-china-life-diversifies-bid-sinopec-retail-unit
  2. 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
  3. 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
  4. 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
  5. 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
  6. Business - China Business

    New China Life boosts first-half net profit 71pc on investment gains

    Posted Aug 27th 2014, 01:27am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Mainland insurer's 71pc net profit gain for first half also aided by bigger premiums haul Investment income lifts New China Life earnings New China Life Insurance, the mainland's third-largest life insurer by market share, said first-half earnings rose 71.4 per cent on the back of better investment income and insurance ...

    http://www.scmp.com/business/china-business/article/1580991/new-china-life-boosts-first-half-net-profit-71pc-investment
  7. 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
  8. Business - Money - INVESTMENT

    Expat investors launch suits against advisers, trustees and insurance firms

    Posted Aug 28th 2014, 11:51am by Benjamin Robertson

    ... Benjamin Robertson benjamin.robertson@scmp.com Financial advisers, trustees and insurance firms being taken to court in bid to recover losses in Australian investment product Expat investors launch suits over failed fund Expatriate investors in a failed Australian mortgage fund have started to sue financial advisers, pension fund trustees and listed life insurance companies ...

    http://www.scmp.com/business/money/article/1581400/expat-investors-launch-suits-against-advisers-trustees-and-insurance
  9. Business - Banking & Finance - DEBT

    Taiwan insurers chase foreign bond offerings

    Posted Aug 26th 2014, 01:10am by BLOOM

    ... about where the cash can be invested," said Paul Hsu, the chairman of the Life Insurance Association. "When one pool fills up, we need to look for the next one." CTBC, ... Bloomberg in Taipei With US$580 billion of assets, the industry eyes better yields from yuan and US dollar issues Taiwan insurers chase foreign bond offerings Taiwan's insurers drove ...

    http://www.scmp.com/business/banking-finance/article/1580684/taiwan-insurers-chase-foreign-bond-offerings
  10. 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

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