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  • October 25, 2014
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  1. [Life insurers go head to head]

    Posted Oct 08th 2005, 12:00am by Staff Reporter

    ... Life insurance, like almost everything else in the world of business, is a matter of calculating risks and rewards, and these must be assessed on a daily basis. Firms doing business ... long-term potential. One factor is competition. Most insurance companies with a presence in China are offering life policies while they weigh up how and when to introduce other products. 'There ...

  2. PICC, partners to lift asset unit's capital to 800m yuan

    Posted Jul 27th 2006, 12:00am by Jamil Anderlini

    ... Jamil Anderlini in Beijing PICC Property and Casualty Insurance, China's largest non-life insurer, and its partners plan to lift capital at their asset management firm to 800 million ... Life Insurance will each contribute 80 million yuan. With its 48 per cent share of China' non-life insurance market, PICC had nearly 40 billion yuan in premium income in the first six ...

  3. News - China - SOCIAL WELFARE

    Teacher garners public sympathy after writing 'seditious' essays

    Posted Sep 17th 2012, 12:00am by Verna Yu

    ... to enemy of the state If not for his heart attack in 2005, Chen Pingfu would still be a maths teacher, leading an ordinary life in Lanzhou, Gansu province. That misfortune was followed by several more. Having no medical insurance from the state or his college, the 55-year-old fell into debt paying for his operation. Then he lost his job when his state factory-affiliated college closed ...

  4. Business - Money - LISTINGS

    PICC builds listing base on 17 cornerstone investors

    Posted Nov 22nd 2012, 12:00am by George Chen, Ray Chan

    ... Ray Chan and George Chen Biggest mainland non-life insurer lines up 17 cornerstone investors in initial public offering to raise up to HK$27.8 billion PICC assembles broad base for Hong ... years. The Beijing-based company, the country's biggest non-life insurer, plans to sell 6.9 billion new shares, which is equivalent to 16.67 per cent of the enlarged capital. The new shares ...

  5. Insurer sails with the tide

    Posted Aug 20th 2005, 12:00am by Vicki Williams

    ... said Citic Prudential Life Insurance chief executive Captain Chia. The company recently opened two mainland offices, bringing its total to 10, and recruits are being taken on in Hong Kong, ... is huge. Citic Prudential is a joint venture that focuses on selling life insurance, and home and group insurance. In gross premiums and number of branches, the company ranks first among joint ...

  6. Filling the gap

    Posted Nov 21st 2011, 12:00am

    ... of the central government's welfare and insurance schemes. Sun Life Financial Asia president Dikran Ohannessian says the industry is watching closely the development of the mainland's welfare ... of the country's 2010 decadal census report and since its release earlier this year economists, stock market analysts and insurance experts have been pondering how they will influence spending in the next ...

  7. Business - China Business - INSURANCE

    PICC first-half net profit jumps 24pc on higher income from premiums

    Posted Aug 21st 2012, 12:00am by Angela Che, Bloomberg

    ... Property & Casualty, China's biggest non-life insurer, said first-half profit rose 24 per cent as premiums income increased and underwriting profitability improved. Net income climbed to 6.53 billion yuan (HK$7.98 billion) from 5.3 billion yuan a year earlier, the Beijing-based insurer said. Premiums growth and controls on claims and expenses helped offset the impact ...

  8. Comment - Insight & Opinion

    China's health spending reform an encouraging sign

    Posted Sep 10th 2012, 12:00am

    ... it from the current 4.9 per cent to 6.5 to 7 per cent. The goal is to match the standard of developed countries in several key health indicators, for example by raising average life expectancy ... and insurance coverage to reduce personal spending on health. China's market reforms placed a heavy health-care cost burden on local government and consumers. Nonetheless personal spending now ...

  9. Slice of Life

    Posted Aug 25th 2009, 12:00am by Sandra Lowe

    ... 31, 1909, 84,825,000 telegrams were sent in the United Kingdom.' An advertisement in the Post's August 25 edition said: 'Insure your life against all diseases by drinking Bear ...

  10. China's insurers see chance in trade shunned by West

    Posted Apr 19th 2012, 12:00am

    ... Keith Wallis keith.wallis@scmp.com Mainland insurers could take a bigger role in covering supertankers carrying crude oil from Iran to China when the European Union introduces tougher ... prices, experts said. The sanctions, which are being introduced to pressure Iran to curb its nuclear programme, will prevent Western marine mutual organisations insuring vessels chartered to carry ...




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