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  • November 27, 2014
  • Last updated: 1:09am
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  1. Business - Banking & Finance - REGULATION

    Sales of traditional insurance products benefit from tighter rules on investment-linked policies

    Posted Mar 31st 2014, 11:51am by Enoch Yiu

    ... to basic life policies and annuity products, a trend industry players expect to continue this year. Statistics released by the government last week showed premiums from new investment-linked ... traditional life policies, which allow insurance companies to decide how to invest the premiums and pay guaranteed dividends to policyholders. MassMutual also focuses on annuity products, a type ...

  2. Business - China Business - INSURANCE

    China Life sees profit slump on investment losses

    Posted Mar 28th 2013, 12:00am by Bloomberg

    ... Bloomberg in Beijing China Life sees profit slump on investment losses China Life Insurance, the mainland's biggest insurer, said profit slumped for a second consecutive year, ... an almost tenfold jump in net realised and unrealised investment losses last year. China Life's investment performance "hasn't been particularly desirable and lags far behind investor ...

  3. Magazines - Money - INVESTMENT: INSURANCE

    Your life in the balance

    Posted Sep 17th 2012, 12:00am by Nicky Burridge

    ... Ensuring the right level of life insurance is the foundation to all sensible- and pre-emptive- financial planning, writes Nicky Burridge Your life in the balance The thought of not being around to provide for your family is something most people would rather not think about. And for those who do want to make provisions in case the worst happens, working out how much life ...

  4. Business - Money - PENSIONS

    Insurers claim victory in fight for workers switching MPF providers

    Posted Jan 28th 2013, 12:00am by Enoch Yiu

    ... two months ago. Sun Life Financial, with more than 1,200 agents, has seen its pension business grown substantially over the past two months, with around 9,200 employees shifting from other providers to join the insurer's pension plan, according to Roger Steel, Sun Life Hong Kong's chief executive. The company has attracted one in three of the nearly 31,000 employees who have ...

  5. Marketing Death: Culture and the Making of a Life Insurance Market in China

    Posted May 13th 2012, 12:00am

    ... Louise Rosario Marketing Death: Culture and the Making of a Life Insurance Market in China by Cheris Chan Oxford U Press Marketing Death is a detailed study of how life insurance companies ... and 45 domestic ones nationwide. Life insurance accounted for only a small share of the industry. After 1949, insurers gradually disappeared, denounced as products of capitalism. In the late ...

  6. Mother fights insurer for refund on life policy

    Posted Jun 11th 2012, 12:00am

    ... Nicky Burridge moneypost@scmp.com Qidi Aixinjueluo Whitaker bought an expensive life insurance plan from Prudential in 2009. She has tried, in vain, to get a refund on the policy. Her ... a savings or investment plan. The specifics of what happened next are disputed. Whitaker says Prudential sold her a life insurance plan, even though she did not want it. Rick Adkinson, ...

  7. China Life in need of capital aid

    Posted Mar 28th 2012, 12:00am

    ... Lulu Chen lulu.chen@scmp.com China Life Insurance, whose earnings plummeted last year, says it will use more capital-raising measures to shore up its solvency. 'In the future, raising capital from external channels will become a regular channel for replenishing capital and improving solvency ratios,' China Life president Wan Feng said at a post-results briefing. Wan said ...

  8. 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 ...

  9. Career ace in the hole with ACE Life

    Posted Dec 09th 2011, 12:00am

    ... Ginn Fung ACE Life is optimistic about the outlook of its business, and is poised to expand its agency force in Hong Kong from the current 1,000 to 2,500 in three to five years' time to meet a jump demand amid a demographic shift across the city, according to a top executive. 'We expect the demand for retirement, medical and life insurance products to increase as a result ...

  10. Real-life cases in gruelling grilling

    Posted Oct 08th 2011, 12:00am

    ... it is to see how well finalists understand and anticipate the actual needs and likely concerns of individual clients, and how practical their recommendations are for typical 'real life ...




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