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  1. Why we urgently need an insurance authority in HK

    Posted Nov 22nd 2011, 12:00am

    ... only half that of traditional policies, when the market was hurt by the global financial crisis. In the first half of this year, 30 per cent of all life insurance policies sold were investment ... Enoch Yiu The increasing popularity of investment-linked policies shows Hong Kong has an urgent need for an insurance authority to regulate the salespeople who market these products. ...

    http://www.scmp.com/article/985606/why-we-urgently-need-insurance-authority-hk
  2. Higher interest rates have a downside for insurers

    Posted Jun 16th 2004, 12:00am by Staff Reporter

    ... be good news, the mainland's second-largest life insurer argued at a press briefing at the weekend, because returns on its investment portfolio would rise. But these returns are only one part of the equation for successful life insurers. The other- new premium income- has been growing at 30 per cent or more a year, and is a more compelling story for mainland insurers. It is the potential ...

    http://www.scmp.com/article/459687/higher-interest-rates-have-downside-insurers
  3. China Life clears deck for maiden stock issue

    Posted Nov 06th 2003, 12:00am by Christine Chan

    ... Christine Chan Largest mainland life insurer's listing is expected to be biggest offering this year Amid much fanfare in August, China Life Insurance wrapped up a restructuring that officially splits the company into two entities, opening the way for its multibillion-dollar overseas flotation in Hong Kong and New York this year. China's largest life insurer is expected ...

    http://www.scmp.com/article/433640/china-life-clears-deck-maiden-stock-issue
  4. Gains spur New York Life to add agents

    Posted Jul 19th 2007, 12:00am by Enoch Yiu

    ... Enoch Yiu New York Life Insurance plans to boost its 1,000-strong sales force to 1,700 over the next two years after a 50 per cent gain in sales of new life policies in the first half of this year. 'While many other insurance companies use the internet or bank networks to sell policies, we believe professional agents remain the best sales channels as they can offer comprehensive ...

    http://www.scmp.com/article/601032/gains-spur-new-york-life-add-agents
  5. Fosun joins Prudential in life insurance

    Posted Sep 16th 2011, 12:00am

    ... Daniel Ren in Shanghai ren.wei@scmp.com Fosun Group, the mainland's largest non-state-owned investment conglomerate, will set up a life insurance company with Prudential Financial in the fourth quarter of 2012. Fosun- which has pharmaceutical, real estate, steelmaking, retail and media businesses- will set up a 50-50 joint venture with the second-largest life insurer ...

    http://www.scmp.com/article/979213/fosun-joins-prudential-life-insurance
  6. China Life sees rising competition curb growth

    Posted Sep 01st 2004, 12:00am by Elaine Chan

    ... Elaine Chan A shift to more profitable investment products also triggers market slowdown China Life Insurance, the mainland's biggest life insurer, says its market share should hold ... they added. Nevertheless, chairman Wang Xianzhang stressed the rate at which the mainland's life insurance market was growing 'can't be matched by mature markets'. Mr Wang said ...

    http://www.scmp.com/article/468621/china-life-sees-rising-competition-curb-growth
  7. Moody's queries China Life's distance from poor policies

    Posted Jun 30th 2004, 12:00am by Staff Reporter

    ... Bei Hu The parent may be tempted to use dividends as compensation for taking on load A report by Moody's Investors Service yesterday openly questioned China Life Insurance's repeated assertion that it had cast off massive negative spread policies written before June 1999. China Life Insurance (Group) Co (Clic), the parent company of the mainland's largest life ...

    http://www.scmp.com/article/461376/moodys-queries-china-lifes-distance-poor-policies
  8. China Life executives on charm offensive

    Posted Jun 19th 2004, 12:00am by Staff Reporter

    ... Bei Hu Senior executives of China Life Insurance, the country's largest life insurer, faced Hong Kong's media yesterday in their first public briefing since the company's ... although neither he nor his colleagues were willing to share specific corporate results with the press, saying the numbers had yet to be audited. Mr Wang did say that China Life had expanded its ...

    http://www.scmp.com/article/460094/china-life-executives-charm-offensive
  9. Standard Life venture to extend reach to 100 mainland cities

    Posted Oct 20th 2007, 12:00am by Enoch Yiu

    ... Enoch Yiu in Edinburgh Standard Life Group, the Edinburgh-based life insurer, plans to expand its mainland network to 100 cities by 2012 from six now. Operations director Marcia Campbell ... the giant market in China which has huge demand for life insurance,' Ms Campbell said. Established in 1825, the insurer listed its share in London last year and had GBP140.6 billion (HK$2.23 ...

    http://www.scmp.com/article/612222/standard-life-venture-extend-reach-100-mainland-cities
  10. career tracker

    Posted Jun 23rd 2012, 12:00am

    ... Koonnang Tse, vice-president- business development, Pictet Asset Management Based in Hong Kong, Tse will support Pictet Asset Management's (PAM) rapidly growing institutional asset-management business initiatives in Asia. He has close to 15 years of ...

    http://www.scmp.com/article/1004697/career-tracker

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