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  • August 30, 2014
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  1. Comment - Insight & Opinion - WHITE COLLAR

    What's in a name? Some insurance policies smell too sweet

    Posted Aug 11th 2014, 12:19pm by Enoch Yiu

    ... banning products from being called life insurance if the life coverage is too low. New guidance issued by the Office of the Commissioner of Insurance last week on investment-linked insurance ... insurance policies", as they are called in the industry, provide only 1 per cent of the account's value for life protection. Because ‘bonds’ sound like a safe investment, and if a bond ...

    http://www.scmp.com/comment/insight-opinion/article/1571220/whats-name-some-insurance-policies-smell-too-sweet
  2. Education is key to capturing insurance market share

    Posted Aug 18th 2014, 04:34pm by Reports by Krystin Chu and Khay Inn Poh

    ... a joint-venture partnership with the American International Assurance (AIA) in 1984. It became one of the first multinational joint-venture life insurance companies in Indonesia. "We successfully ... of the largest European financial institutions. It has also been working with Meiji Yasuda, one of the market leaders in the Japanese life insurance industry. Avrist's local expertise, combined ...

    http://www.scmp.com/article/1576072/education-key-capturing-insurance-market-share
  3. Lifestyle - Arts & Culture

    The wages of spin

    Posted Jul 14th 2014, 03:13am by BEN SIN

    ... is blasting through the amps. The senior insurance professional has heard the song a thousand times before in his native Australia, but this time it sounds a bit different: Dungey watches, fascinated, ... Music was born, in June 2013. Other newcomers include SonicInsights, DJ4Life Academy and Soda Mix DJ School. Wong Tin-ho, who has been conducting classes at Baron School of Music since 2006, ...

    http://www.scmp.com/lifestyle/arts-culture/article/1552049/wages-spin
  4. Lifestyle - Health

    Drug trial offers hope to diabetics after pancreas removal

    Posted Jun 30th 2014, 10:01am by MLT

    ... persuaded Nasser to undergo surgery to remove the entire pancreas. "My life is amazing now compared to having chronic pancreatitis," he says. "I'm living a pretty good life." The clearly successful surgery did have two drawbacks. It's a given that once the pancreas is removed, the person must take digestive enzymes orally for the remainder of his or her ...

    http://www.scmp.com/lifestyle/health/article/1541784/drug-trial-offers-hope-diabetics-after-pancreas-removal
  5. Business - Money - INSURANCE

    Yuan life insurance policies to remain popular in Hong Kong despite depreciation

    Posted May 19th 2014, 03:22am by Enoch Yiu

    ... to remain popular The depreciation of the yuan in recent months did not hurt sales of yuan life insurance policies as buyers are eyeing the longer-term growth of the currency, according to industry players. BOC Group Life Assurance chief executive Terry Lo Kin-wing said half the new life insurance sales at his company still came from yuan policies during the first quarter, similar to Hong ...

    http://www.scmp.com/business/money/markets-investing/article/1515192/yuan-life-insurance-policies-remain-popular-hk
  6. Business - Money - INVESTMENT

    Reforms on insurance-linked investment products bring shake-up

    Posted Aug 11th 2014, 03:56am by Benjamin Robertson

    ... will have a major impact on how life insurance companies and agents operate, say analysts and senior industry executives. They argue that commissions and product fees will drop and clients ... products marketed to both expatriate and local investors. Such products combine life insurance, investment and estate planning structures and allow investors to spread small sums of money between ...

    http://www.scmp.com/business/money/investment-products/article/1570890/reforms-insurance-linked-investment-products
  7. Business - Money - INSURANCE

    City insurance authority bans indemnity commissions

    Posted Aug 05th 2014, 01:13pm by Benjamin Robertson

    ... Agents face tighter payment rules Hong Kong's insurance authority has banned upfront commission payments on long-term policies in a move to clean up a HK$17 billion-a-year business plagued by persistent complaints of unscrupulous sales practices. The ban will hit a cutthroat insurance savings plan industry marketed to both expatriate and local investors, which combines life insurance ...

    http://www.scmp.com/business/money/markets-investing/article/1566873/city-insurance-authority-bans-indemnity-commissions
  8. Lifestyle - Family & Education - NEWS

    Education news in brief

    Posted May 05th 2014, 09:42am by Linda Yeung

    ... financial support for business students at Lingnan Lingnan University is offering scholarships to assist risk and insurance management majors pay tuition and hostel fees. Final year students who have successfully applied to the master of science in insurance at City University London can claim up to HK$450,000 from the AR Charitable Foundation Scholarship Scheme. ...

    http://www.scmp.com/lifestyle/family-education/article/1502651/education-news-brief
  9. Lifestyle - Family & Education

    Hong Kong students encouraged to apply for Rhodes Scholarships

    Posted Jun 16th 2014, 09:36am by Nora Tong

    ... Nora Tong life@scmp.com There's more to life than good grades, according to the man running the world's most esteemed academic scholarship, writes Nora Tong Rhodes to glory ... at the start and end of tenure, and private health insurance. "I think we are doing a very good job in picking scholars but we can always be better. I believe we should not only look for people ...

    http://www.scmp.com/lifestyle/family-education/article/1531708/hong-kong-students-encouraged-apply-rhodes-scholarships
  10. Business - Money

    Chart of the day: Stress-testing mainland insurers

    Posted Jul 24th 2014, 12:23am by NICK EDWARDS

    ... Nick Edwards Chart of the day: Stress-testinginsurers Fears of rising mainland default risks have set investors scrutinising the exposure of insurers to "non-standard" and growth-levered assets- those potentially most susceptible to losses if the credit bubble bursts. But analysis by Macquarie Bank pinpoints traditional assets as the real danger for insurer enterprise ...

    http://www.scmp.com/business/money/markets-investing/article/1557729/chart-day-stress-testing-mainland-insurers

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