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  • November 26, 2014
  • Last updated: 5:11pm
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Results 1 - 3 of 3 for life insurance

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  1. Business - Banking & Finance - BANKING

    Citibank upbeat on insurance fee income growth

    Posted May 06th 2013, 12:00am by KANIS LI

    ... "Customers will be more protected under the new rules," she said. The sale of traditional life insurance products recorded a double-digit growth rate in the first quarter from the previous year, Cheung said. Citi began distributing a new yuan-denominated life insurance product called MetLife Gorgeous Dragon RMB Universal Life Plan, underwritten by MetLife, last week. Customers who buy ...

  2. Business - Banking & Finance - BANKING

    CDB appoints new Hong Kong boss after Ping An loan probe

    Posted Jan 24th 2013, 12:00am by George Chen, Ray Chan

    ... investigation amid growing doubts and questions about a deal to provide loans for Charoen Pokphand (CP) to acquire the 15.6 per cent stake in Ping An, the mainland's No 2 life insurer. Later, some ... into a loan deal for the US$9.4 billion bid by a Thai conglomerate for HSBC's holding in Ping An Insurance. Liu Hao, who was the Hong Kong chief of CDB for almost a year, will become a deputy ...

  3. Business - Banking & Finance - BANKING

    HSBC share price rises as it settles criminal probe for US$1.92 billion

    Posted Dec 12th 2012, 12:00am by RAY CHAN JEANNY YU

    ... earnings next year, he said. Last week HSBC said it would sell its 15.6 per cent stake in China's second-biggest life insurer, Ping An, to companies controlled by Thailand's Charoen ... a few months later in May to boost profitability by slashing costs, retreating from retail business where HSBC had little operating scale and exiting non-core businesses, such as insurance ...



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