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  • November 27, 2014
  • Last updated: 4:20am
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  1. Accused killer 'made insurance query'

    Posted Feb 11th 2006, 12:00am by Staff Reporter

    ... the night before, then strangling her to death early the next morning. The court was told Lau had taken out two life insurance policies, together worth $1.1 million to Leung upon her death. Leung Mei-lan, who was district manager of AIA Company (Bermuda) in 2003, testified yesterday that Lau had taken out three AIA life insurance policies for herself and her children since 1992. ...

  2. ING opens insurance front with Guangzhou branch

    Posted Feb 21st 2004, 12:00am by Enoch Yiu

    ... American International Assurance (AIA) and other foreign insurers in Guangzhou when its 50 per cent owned joint venture, Pacific Antai Life Insurance, opens a branch there today. AIA has had ... million yuan in new life policies last year. In terms of total premium income, Pacific Antai, with an annual premium income of 600 million yuan, was the second-largest foreign insurer after AIA ...

  3. It pays to read the fine print before you commit yourself

    Posted Aug 18th 2005, 12:00am by Bianca Reyes

    ... can just get your money whenever you want it,' she said. There are several charges involved in such a product, including an insurance charge for life protection, an initial charge ... Bianca Reyes DESPITE WIDESPREAD advice to think carefully before committing to investment-linked insurance plans, Hong Kong consumers are continuing to snap up this type of product. ...

  4. 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 ...

  5. The best cover for everyone

    Posted May 15th 2007, 12:00am by John Cremer

    ... by setting up umbrella insurance protection. This could include basic life and medical cover, as well as a range of additional items perhaps providing cover for disability, long-term care or premium ... fund with different risk and return characteristics. By insuring more than one life in a single policy, customers could save costs, Mr Chan said. Because the premium payment terms were ...

  6. New rules for insurers pave way for more liberalisation

    Posted Apr 26th 2004, 12:00am by Christine Chan

    ... designed to maximise returns on premium reserves. Asset managers are common in developed insurance markets. Two China insurers, PICC Property and Casualty and China Life Insurance, have already set ... billion yuan, while life insurers must have at least 10 billion yuan worth of combined assets. Once a life insurer sets up its asset manager, it must invest at least 80 per cent of its assets ...

  7. Earnings at China Life soar 114.4pc

    Posted Apr 18th 2007, 12:00am by Staff Reporter

    ... Maria Chan China Life Insurance, the mainland's largest life insurer, said profit surged 114.44 per cent last year to a record, as it sold more policies and reaped higher returns from ... Life declared a final dividend of 14 fen per share. Its stock closed 2.14 per cent lower at HK$25.15 yesterday. Reaping the fruit China Life Insurance's forecast-beating net profit, ...

  8. China Life nets 7.8b yuan on investment earnings

    Posted Oct 30th 2007, 12:00am by Staff Reporter

    ... Jonathan Yang Insurer among world's top 10 companies by market value China Life Insurance, the country's largest life insurer, yesterday posted third-quarter net profit of 7.82 billion yuan on investment gains amid rising insurance premiums. China Life, reporting third-quarter numbers for the first time since raising 28.3 billion yuan in a share listing in Shanghai ...

  9. China Life extends rural reach with low-cost cover for farmers

    Posted Oct 13th 2008, 12:00am by Staff Reporter

    ... Natalie Chiu China Life Insurance, the country's largest life insurer, plans a sales push into the outlying rural areas with products tailor-made for the greenfield market ... In August, the Beijing-based insurer introduced a rural insurance scheme now on trial that offers farmers health and life insurance protection at lower premiums than those that are paid in urban ...

  10. Business - China Business - INSURANCE

    Golden week visitors add insurance to the shopping list

    Posted May 02nd 2013, 12:00am by Enoch Yiu

    ... visitors load up on life cover Besides gold jewellery, baby milk powder, cosmetic products and luxury flats, it seems life insurance policies are now on the shopping list of cashed-up mainland tourists when they visit Hong Kong for the golden week holiday. Insurance legislator Chan Kin-por said premiums paid by mainland customers represented 12.8 per cent of total new life insurance ...




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