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  • November 24, 2014
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  1. Asia leads insurance unit's earnings

    Posted Sep 15th 2007, 12:00am by Staff Reporter

    ... obviously will look at them.' However, he declined to comment on whether the bank was in talks to buy a 49 per cent stake in the life insurance unit of South Korea's Hana Financial Group. ... Maria Chan HSBC Insurance, which has expanded in Asia, said profits from the region for the first time surpassed Europe's, with Hong Kong the single largest contributor. Clive ...

  2. Manulife taps Asia as growth engine

    Posted May 28th 2007, 12:00am by Enoch Yiu

    ... the company announced a stock split that adjusted the price to HK$46.375 per share) The insurer is also listed in Toronto, New York and Manila. Second, it is also the oldest life insurer in Hong Kong ... Insurance- in 1996 and holds a 51 per cent stake. Despite its long history, the company is facing new challenges. In Hong Kong, HSBC overtook Manulife's No2 spot last year in terms of new life ...

  3. Business - Money - INVESTMENT

    Standard Life Investments to tap investment shift

    Posted Feb 02nd 2013, 12:00am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com The British asset manager plans big expansion in Asia as investors swing towards diversified products to look for better capital returns Standard Life to tap shift in market Standard Life Investments, the US$270 billion investment management arm of British-listed life insurer Standard Life, is planning a major expansion in Asia to exploit ...

  4. Vanke share placement raises 4.2b yuan for key projects

    Posted Dec 26th 2006, 12:00am by Staff Reporter

    ... investors including China Resources (Holdings) and Ping An Life Insurance, the company said in a statement to Shenzhen Stock Exchanges yesterday. The developer said in July it planned to issue up ...

  5. Mainland leads Asia rush for capital

    Posted Mar 15th 2007, 12:00am by Staff Reporter

    ... in the domestic markets. Major state-owned enterprises including Industrial and Commercial Bank of China and China Life Insurance tapped the A-share market last year after the ban was lifted. Thomson ... An Insurance's US$5 billion A-share listing and Industrial Bank's US$2.1 billion initial public offering, mainland firms tapped global stock markets for US$11.9 billion from 36 deals in the year ...

  6. Market gloom reigns despite Fed rate cut

    Posted Feb 01st 2008, 12:00am by Nick Westra

    ... to HK$54.20, ending the month down 35.24 per cent. China Life Insurance, the largest insurer, fell 30.61 per cent for the month. Mr Yam said regional markets might suffer in the long run because of US ... percentage point to stimulate a economy battered by massive subprime mortgage losses, slackening consumer demand and concerns bond insurers may get downgraded. At midday yesterday on Wall Street, ...

  7. Europeans eye HK banks for mainland expansion

    Posted Jan 07th 2008, 12:00am by Enoch Yiu

    ... for expansion in the Asia region. Fortis, for example, acquired stakes in the mainland's Taiping Life Insurance and Pacific Century Insurance to use Hong Kong as a base to expand in Asia. David Li ... Maria Chan and Enoch Yiu European financial firms are likely to snap up stakes in more Hong Kong mid-sized lenders and insurers as a stepping stone to expand on the mainland and Asia ...

  8. Appointments

    Posted Jul 28th 2007, 12:00am by Staff Reporter

    ... Insurance Group (Hong Kong) Mr Hui is now responsible for strategic development and promotion of general insurance business for small and medium enterprises and individual segments. Kevin Lee Senior head of life operations and chief actuary Zurich Insurance Group (Hong Kong) Mr Lee will oversee the overall management and operation of the Hong Kong life business and lead various functions ...

  9. Appointments

    Posted Feb 16th 2008, 12:00am by Staff Reporter

    ... Nigel Hodges Senior vice-president and chief financial officer Sun Life Financial Asia Mr Hodges is responsible for financial management and reporting for Sun Life Financial Asia. He has been a fellow of the Institute of Chartered Accountants of England and Wales since 1980. Ken Stearns Vice-president, agency development Sun Life Financial Asia Mr Stearns provides strategic ...

  10. The second wave

    Posted Jul 26th 2007, 12:00am by Mark O'Neill

    ... of Hangzhou and Guangdong, which offer an excellent quality of life. When I am old, how can I drive and afford health insurance here? My wife is now paying US$350 a month for it.' Also drawing ... Taiwanese are forsaking life in the US to return home as mainlanders take their places, writes Mark O'Neill With a large television screen behind her showing a mainland-made soap ...




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