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  • September 2, 2014
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  1. Business - Banking & Finance - INSURANCE

    Chinese tourists buy 16pc of life insurance sold in Hong Kong

    Posted Apr 07th 2014, 10:08am by Enoch Yiu

    ... carefully. Mainland tourists' share of new life insurance sold in the city grew to 16 per cent last year from 13 per cent in 2012, 9 per cent in 2011 and 4 per cent in 2010. Hong Kong insurance ... for the insurance industry, said mainlanders had become an important source of business for Hong Kong-based life insurance companies. "They don't just come here for cosmetic products or jewellery ...

    http://www.scmp.com/business/banking-finance/article/1466841/mainland-tourists-buy-1-6-life-insurance-policies-sold-hong
  2. Lifestyle - Family & Education

    Former Wall Street trader sets up centre to teach kids the value of money

    Posted Jun 03rd 2014, 12:05pm by Elaine Yau

    ... preschool children are too young to understand such concepts as insurance and financial goals, we can talk to them in terms of games. Kids have good absorption capacity. Research shows that habits ... literacy, Agarwal believes learning should be incorporated into daily family life. "Parents can consider giving them a special allowance based on household chores or errands they can run ...

    http://www.scmp.com/lifestyle/family-education/article/1524363/former-wall-street-trader-sets-centre-teach-kids-value
  3. Lifestyle - Family & Education

    How a discrepancy in welfare payments is thwarting care for China's elderly

    Posted May 16th 2014, 11:16am by Elaine Yau

    ... for its Hong Kong residents. Wai Suet-wing, a Helping Hands social service manager, says residents pay an insurance premium of 680 yuan each month to cover outpatient treatment at the hospital. "This insurance does not include care requiring admission, so we escort the old folks back to Hong Kong each year to get a check-up at a public hospital for chronic illnesses like ...

    http://www.scmp.com/lifestyle/family-education/article/1512799/how-discrepancy-welfare-payments-thwarting-care-chinas
  4. Comment - Letters

    Strengthen licence requirements for insurance agents

    Posted Jul 19th 2014, 04:04am by LETTERS

    ... investment-linked assurance schemes (ILAS), when buying term life insurance and directly investing in index funds or unit trusts can guarantee higher returns and lower risk, at a fraction of the cost? Two ... are not competitive. It's almost never in anyone's interest to purchase an ILAS product (or whole life insurance, for that matter). The only reason these products have been distributed so widely ...

    http://www.scmp.com/comment/letters/article/1556573/strengthen-licence-requirements-insurance-agents
  5. Lifestyle - Books - GENDER

    Book review: #Girlboss, by Sophia Amoruso

    Posted May 11th 2014, 04:08pm by Tessa Chan

    ... serendipitous hernia she develops from wearing tight pants; this makes her realise her need for health insurance and therefore a job. She gets one checking IDs in an art school lobby, finds she has way ...

    http://www.scmp.com/lifestyle/books/article/1508144/book-review-girlboss-sophia-amoruso
  6. Business - China Business - EARNINGS

    China Life Insurance gears up to tackle slowing market

    Posted Mar 27th 2014, 12:58am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com China Life gears up to tackle slowing market China Life Insurance, the mainland's largest insurer, hopes to secure better profit margins ... business and target stable volume growth. "The life insurance business will see slower growth in the coming decade," Lin said, adding that transformation and adjustment of China ...

    http://www.scmp.com/business/china-business/article/1458098/china-life-insurance-gears-tackle-slowing-market
  7. Business - China Business - INSURANCE

    Strong profit growth forecast for Chinese life insurers

    Posted Mar 10th 2014, 10:13am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Weaker earnings growth predicted for non-life players due to rising claim costs and the increase in sales of unprofitable car insurance Life insurers see profits rebound on investments The mainland's life insurers are poised to report robust growth in profit last year on the back of strong investment income, but the value of new ...

    http://www.scmp.com/business/china-business/article/1445074/strong-profit-growth-forecast-chinese-life-insurers
  8. Business - Money

    Government stands by best interest clause in proposed insurance law

    Posted Jul 21st 2014, 03:18am by Enoch Yiu

    ... the HKFI's own Code of Practice for Life Insurance Replacement- issued in 2010- that also says agents must act in the best interest of policyholders. "The HKFI has the same code and it did ... Enoch Yiu enoch.yiu@scmp.com Consumer protection provision will remain in insurance bill, the government says No retreat on 'best interest' clause The government said ...

    http://www.scmp.com/business/money/markets-investing/article/1556927/government-stands-best-interest-clause-proposed
  9. News - World - UNITED STATES

    Silicon Valley billionaire buys record US$201 million life insurance policy

    Posted Mar 17th 2014, 05:31am by AP

    ... Associated Press in San Francisco Billionaire buys record US$201m life insurance An unnamed Silicon Valley billionaire has purchased the world's most valuable life insurance policy, ... said. Guinness credits Frances with the record for selling the policy, surpassing British life insurance salesman Peter Rosengard, who helped put together Geffen's policy. Frances ...

    http://www.scmp.com/news/world/article/1450251/silicon-valley-billionaire-buys-record-us201-million-life-insurance
  10. Lifestyle - Health - FIT & FAB

    Marathon runner Gary Lew

    Posted Sep 02nd 2014, 10:05am by Rachel Jacqueline

    ... Rachel Jacqueline life@scmp.com Accidental marathon runner finishes in elite company Gary Lew was born to run, but he didn't know that until he started competing in marathons ... working life and finding those priceless moments to "zone out", he says. "I'm a big believer in balance, and think you have to consciously work hard to achieve it," he ...

    http://www.scmp.com/lifestyle/health/article/1582976/marathon-runner-gary-lew

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