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  • August 29, 2014
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  1. Insurers step up battle for agents

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

    ... of distribution at Manulife, Hong Kong's second-largest life insurer and pension provider, said it was a marked turnaround from a year ago. At the trough of the economic downturn last year, many ... Kelvin Wong Hong Kong's insurance companies are facing a new challenge. After recovering from tough economic conditions last year, they now find themselves in a battle to recruit new ...

  2. Eurizon completes stake purchase in Union Life

    Posted Apr 09th 2007, 12:00am by Staff Reporter

    ... Frederick Yeung Union Life, an insurance company in Wuhan, said Eurizon Financial Group had completed taking a 19.9 per cent stake in the firm for 860 million yuan. Eurizon of Italy paid ... insurance products, was founded in 2005 by six private investors, including Zhongfa Industrial Group, a Beijing conglomerate. Zhongfa has a 20 per cent stake in Union Life and is the single largest ...

  3. HSBC seeks to sell general insurance unit

    Posted Sep 29th 2011, 12:00am

    ... a number of insurance companies offering to sell its entire general insurance portfolio for about US$1 billion. It has no plans to sell its life and pension business, which is more profitable. ... and branches in order to cut global expenses by US$2.5 billion to US$3.5 billion annually by 2013. Gulliver also said the group's insurance business would focus on 'life, pension ...

  4. Insurance for a bright career

    Posted Feb 25th 2006, 12:00am by Kashish Sakhrani

    ... such as employees' compensation insurance and group life insurance. HSBC is also looking to recruit insurance relationship managers, who will work closely with the broking arm to provide clients ... planning and management, and this is creating new interest in wealth management services. The city's leading bank, HSBC, believes it needs to maximise growth opportunities in the insurance ...

  5. Insurance taskforce targets the mainland

    Posted Dec 20th 2006, 12:00am by Staff Reporter

    ... regulations, Hong Kong companies must merge with mainland companies to enter the life insurance market, but general insurance companies are not subject to such restriction. All 'foreign' ... Denise Hung Health providers and insurers urged to unite to crack lucrative market Insurance providers should be allowed to team up with Hong Kong health groups to set up specialised ...

  6. Part-time jobs

    Posted Feb 27th 2007, 12:00am by Staff Reporter

    ... I'm so excited! I landed a cool job at the supermarket! Really? I wouldn't work there for peanuts! I meet lots of cute guys and get a bit of extra cash every week. I just don't want to do that sort of work after school. Don't knock it ...

  7. Nurses the last to ask about work-life balance

    Posted Oct 04th 2007, 12:00am by Staff Reporter

    ... Chester Yung If you want advice on how to strike a happy balance between your work and personal life, do not ask a nurse. A happiness index of 900 people in 20 fields of work showed that nearly three-quarters of health care workers questioned in the survey did not feel they had a balanced professional and personal life. With just 26 per cent of health care workers saying ...

  8. Mainland revamps pension schemes

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

    ... insurance officer of Ping An Insurance, the country's second-largest life insurer. Government guidelines on management fees have been set at 0.2 per cent for trustees, 0.2 per cent ... ING's two insurance ventures, ING Capital Life and Pacific Life Insurance, are also expecting to expand into the area by setting up the pension subsidiaries. While the licences offer ...

  9. HSBC offers mortgage cover

    Posted Nov 02nd 2003, 12:00am by Chris Oliver

    ... not only this valuable asset but also their own credit rating,' she says. 'While life-insurance policies will provide cover for outstanding debt upon death, they do not offer financial ... Chris Oliver Mortgage holders worried about loss of income due to unemployment or illness can ameliorate the risk with a new insurance product offered by HSBC, one of only two policies ...

  10. Regulator aims for market-driven system

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

    ... of total assets, is made up of three parts. These are a basic pension required by the law and managed by local government agencies, enterprise annuities, and commercial insurance operated by insurers such as China Life Insurance and Ping An Insurance. The shift of enterprise annuities' management signals not only an overall structural reform that moves away from ...




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