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  1. Business - China Business

    China Taiping Insurance may buy asset from parent firm

    Posted Jan 15th 2013, 12:00am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com China Taiping mulls taking 25 per cent stake in life insurance unit in group shake-up Insurer may buy parent's asset China Taiping Insurance may consider acquiring a stake in a life insurance unit from its parent firm, China Taiping Insurance Group, a move analysts said would help prepare the group for a stock exchange listing. ...

    http://www.scmp.com/business/china-business/article/1128205/china-taiping-insurance-may-buy-asset-parent-firm
  2. AIG says non-life insurance business not for sale

    Posted Dec 01st 2008, 12:00am by Staff Reporter

    ... Natalie Chiu American International Group, the giant insurer bailed out by the United States government, says its worldwide non-life insurance business- including operations in Hong Kong ... The company has said it will sell most units not related to the insurance business. However, premium growth for the surviving Asian non-life insurance operations would come under increasing pressure ...

    http://www.scmp.com/article/662124/aig-says-non-life-insurance-business-not-sale
  3. ING, Kookmin form life insurance venture

    Posted Jun 03rd 2004, 12:00am by Staff Reporter

    ... Anette Jonsson ING Group has agreed to take a 49 per cent stake in a life insurance company being formed in South Korea by Kookmin Bank, the financial institution said yesterday. Kookmin ... being invested was not disclosed, but an ING spokeswoman said it 'wasn't material for the transaction'. The joint venture will focus on bancassurance and will offer life insurance ...

    http://www.scmp.com/article/458048/ing-kookmin-form-life-insurance-venture
  4. Big three insurers lead the way from state-catered life

    Posted Nov 06th 2003, 12:00am by David Evans

    ... David Evans China's march from the days of cradle-to-grave welfare is being led by three of its largest insurance companies- PICC Property & Casualty, China Life Insurance and Ping An Insurance. As the country's largest non-life insurer, PICC will be the first to tap into the capital markets, having raised US$693 million in an initial public offering (IPO) ...

    http://www.scmp.com/article/433639/big-three-insurers-lead-way-state-catered-life
  5. China Life warns of global slowdown contagion

    Posted Aug 27th 2008, 12:00am by Staff Reporter

    ... Natalie Chiu China Life Insurance, the nation's biggest insurer, says a slowdown in the global economy is expected to further dampen the mainland's troubled stock market, ... this year. Investment income for China Life fell 47 per cent in the first half, while that of Ping An Insurance (Group) lost 64 per cent. PICC Property and Casualty saw a 36 per cent drop. ...

    http://www.scmp.com/article/650412/china-life-warns-global-slowdown-contagion
  6. Sun Life sets sights on top five

    Posted May 04th 2005, 12:00am by Enoch Yiu

    ... Enoch Yiu Insurer to double the number of agents in five years to bolster its expansion drive Sun Life Financial (Hong Kong) plans to almost double the number of its agents- from 536 to more than 1,000- within five years as part of its new chief's plan to push the firm into the top five. Sun Life- ranked 19th among the city's 48 life insurers- would hire 100 agents ...

    http://www.scmp.com/article/499251/sun-life-sets-sights-top-five
  7. Business - Companies - ACQUISITIONS

    AXA buys into Shanghai car insurer Tianping

    Posted Apr 25th 2013, 12:00am by Kwong Man-ki

    ... on the high-growth market. It received approval at the end of last year for ICBC-AXA Life, a life insurance joint venture with the mainland's largest lender, Industrial and Commercial Bank of China. Its ... players AXA buys into car insurer Tianping European insurer AXA is a step closer to becoming the largest foreign property and casualty insurer in China after agreeing to buy half of Chinese motor ...

    http://www.scmp.com/business/companies/article/1222431/axa-buys-car-insurer-tianping
  8. Changing career can open up whole new world

    Posted Dec 29th 2009, 12:00am by Enoch Yiu

    ... is the deputy chief executive of ING Life in Hong Kong and Macau. Unlike many insurance executives who have been in the sector all their careers, he only joined in February 2007. Before that, he ... beers. Now, when he says he works in a life insurance company, people seldom talk about the policies they have. Despite the different nature of the industries, Hekstra has handled the change ...

    http://www.scmp.com/article/702267/changing-career-can-open-whole-new-world
  9. Close connections continue to thrive

    Posted Jul 01st 2010, 12:00am by Edward Peters

    ... major banks conduct operations in Hong Kong, Canadian insurers Sun Life and Manulife hold more than 33 per cent of Hong Kong's life insurance policies, and Ontario-based Research in Motion- ...

    http://www.scmp.com/article/718561/close-connections-continue-thrive
  10. Mainland insurers free to invest in private firms

    Posted Jan 17th 2009, 12:00am by Staff Reporter

    ... China Life Insurance, the country's largest life insurer, had already been allowed to buy stakes in China Southern Power Grid in 2006 as a pilot scheme by the regulator to broaden insurer ... Adam Chen in Beijing and Natalie Chiu Mainland authorities have allowed domestic insurers to invest up to 8 per cent of their assets in equity stakes of non-listed companies in an effort ...

    http://www.scmp.com/article/667299/mainland-insurers-free-invest-private-firms

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