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  • August 27, 2014
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Results 1 - 10 of 1870 for life insurance

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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. 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
  3. 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
  4. 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
  5. Business - Companies - EARNINGS

    Fosun insurance revenue up 8,294pc

    Posted Aug 27th 2014, 10:08am by Langi Chiang

    ... billion yuan. Bloomberg reported earlier this month that Fosun was in talks to acquire a United States life insurance arm of Swiss Re, for between US$400 million and US$500 million. Fosun Group, ... to 1.8 billion yuan (HK$2.26 billion), as the company speeds up its global expansion, especially in the insurance industry. A senior executive has told the South China Morning Post that the firm ...

    http://www.scmp.com/business/companies/article/1581050/fosun-insurance-revenue-8294pc
  6. 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
  7. 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
  8. 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
  9. 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
  10. Business - Money - INSURANCE

    Yuan life insurance policies to remain popular in Hong Kong despite depreciation

    Posted May 19th 2014, 03:22am by Enoch Yiu

    ... to remain popular The depreciation of the yuan in recent months did not hurt sales of yuan life insurance policies as buyers are eyeing the longer-term growth of the currency, according to industry players. BOC Group Life Assurance chief executive Terry Lo Kin-wing said half the new life insurance sales at his company still came from yuan policies during the first quarter, similar to Hong ...

    http://www.scmp.com/business/money/markets-investing/article/1515192/yuan-life-insurance-policies-remain-popular-hk

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