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  1. Insurers to try investing in low-income housing

    Posted Mar 07th 2011, 12:00am by Celine Sun

    ... Celine Sun in Beijing Shanghai would launch a pilot project to allow insurers to invest in low-income housing, China Insurance Regulatory Commission chairman Wu Dingfu said. 'We are studying the entry regulations for insurers to invest in such projects,' Wu said on the sidelines of yesterday's National People's Congress session. He also revealed ...

    http://www.scmp.com/article/740138/insurers-try-investing-low-income-housing
  2. More profitable policies bolster insurers' income

    Posted Jul 20th 2009, 12:00am by Staff Reporter

    ... points at 28.8 per cent. Insurance policies sold through agency channels usually have regular-type premiums and are considered to have higher margins than investment-type products owing ... Natalie Chiu Mainland insurers have emerged as top gainers during the recent stock market rally, enjoying an increase in higher-margin agency business that could boost second-half ...

    http://www.scmp.com/article/687380/more-profitable-policies-bolster-insurers-income
  3. Insurance firm charged graduates for instant promotions, union says

    Posted May 10th 2010, 12:00am by Adrian Wan

    ... Adrian Wan University graduates have skipped the ranks and instantly became managers, with an insurance firm accused of charging its employees monthly fees for their desired job titles. This was among the increasing number of complaints from insurance agents in the city about their employment contracts, a union said. The Hong Kong Insurance Practitioners' General Union received 13 ...

    http://www.scmp.com/article/713942/insurance-firm-charged-graduates-instant-promotions-union-says
  4. Ping An reports strong increase in premiums

    Posted Feb 20th 2009, 12:00am by Staff Reporter

    ... Natalie Chiu Ping An Insurance (Group) has reported stronger than expected premium growth last month, fuelled by sustained demand for traditional policies. Life insurance premiums at the country's second-largest insurer rose 23 per cent to 13.31 billion yuan (HK$15.1 billion), according to a statement filed with the stock exchange. Premiums collected by its property and casualty ...

    http://www.scmp.com/article/670606/ping-reports-strong-increase-premiums
  5. Insurance idol wary of old ladies with sticks

    Posted Jul 08th 2003, 12:00am by Enoch Yiu

    ... A GOOD KNOWLEDGE in mathematics helped Edmund Tse secure his first job in Hong Kong's largest life insurance company American International Assurance (AIA) in 1961, although he was not quite sure about calculating risks and setting prices for insurance policies. Now, he is the chairman & chief executive of AIA and senior vice-chairman and co-chief operating officer ...

    http://www.scmp.com/article/420970/insurance-idol-wary-old-ladies-sticks
  6. Insurance agents face scrutiny

    Posted Aug 25th 2003, 12:00am by Enoch Yiu

    ... the mainlanders should understand they could not buy motor insurance and employee compensation policies in Hong Kong as mainland law required them to buy these two types of product issued by Chinese ... insurance regulators on both sides of the border to take steps to crack down on clandestine selling activities. Insurance Commissioner Benjamin Tang Kwok-bun said the Insurance Authority had held ...

    http://www.scmp.com/article/425776/insurance-agents-face-scrutiny
  7. Insurance deals make classic cars come to life

    Posted Jul 17th 2009, 12:00am by Staff Reporter

    ... The dream of owning a classic car can be a frustrating one because the costs can prove prohibitive. But there is a range of niche insurance products that can bring that dream of driving a 1962 Austin-Healey Sprite or Jaguar E-Type a little closer. These products soften the impact of a classic car on your wallet and are tailored to the specific needs of this community. 'The ...

    http://www.scmp.com/article/687014/insurance-deals-make-classic-cars-come-life
  8. General insurance sector has new player

    Posted Dec 01st 2009, 12:00am by Staff Reporter

    ... Maria Chan Starr International Insurance (Asia), a company founded by former American International Group chairman Maurice Greenberg, has obtained approval from Hong Kong's insurance regulator to provide general insurance in the city. The company said it would offer a variety of products to policyholders as well as risk-control, loss-control and claims-management services. ...

    http://www.scmp.com/article/699956/general-insurance-sector-has-new-player
  9. Insurers call for fund to boost confidence

    Posted Oct 20th 2008, 12:00am by Peter So

    ... Peter So Insurance agents want the government to speed up efforts to guarantee policyholders' interests in order to restore confidence in the sector. The Insurance Practitioners General Union, representing more than 2,800 members, said consumers were reluctant to insure after last month's run on American International Assurance and the global financial meltdown. ...

    http://www.scmp.com/article/656972/insurers-call-fund-boost-confidence
  10. Doubts over coverage of travel insurance

    Posted Dec 03rd 2008, 12:00am by Paggie Leung

    ... Paggie Leung It is unclear whether holidaymakers with travel insurance have been protected in the recent chaos in Thailand, travel industry insiders say. Daniel Chan Kin-pang, deputy general manager at Hong Thai Travel Services, which offers insurance company AIG's package, said travellers who were stranded in Thailand because of the closed airports should be able to make ...

    http://www.scmp.com/article/662290/doubts-over-coverage-travel-insurance

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