Smoggy weather has affected large parts of China since last week, shrouding North China, southeast coastal areas and even Southwest China. The smog has led to high pollution readings in 104 cities across 20 provinces, covering nearly half ...
Tags: Smoggy Weaher, China Life
Switzerland’s multi-line insurance provider Zurich Insurance Group is set to dispose of its remaining 9.4% stake in New China Life Insurance (NCI) for $943m (£584.7m), to diversify its Asian operations. Zurich plans to ...
Tags: Zurich Insurance, Life Insurance
Vice president of China Life Insurance (Group) Company revealed that first insurer-controlled fund company China Life AMP Asset Management will start operation from November 6. China Life AMP Asset Management is sponsored and established ...
New China Life (SHSE: 601336) recorded original insurance premium of CNY 72.27 billion from January 1 to September 30 based on the insurance contract-related accounting rules issued by the Ministry of Commerce.
ABC Life, Aviva-COFCO Life and other small and medium property companies swarmed to pilot ordinary life insurance since the implementation of ordinary life insurance rate reform on August 5. On September 22, New China Life, one of top ...
Tags: Agriculture, Food, insurance, Service
Foreign insurance giants have cast eye on the Chinese vehicle insurance market in succession. Hubei Biocause Pharmaceutical Co., Ltd. (SZSE: 000627), a shareholder of Tianping Auto Insurance Co., Ltd., said in a statement on September ...
Tags: Vehicle Insurance, Service
The ERGO Insurance Group, which is part of the Munich Re Group, has launched a joint venture (JV) ERGO China Life to offer life insurance to private customers in the Chinese province of Shangdong. Shandong is said to be the third largest ...
Tags: ERGO Insurance, China Life
Switzerland-based Zurich Insurance Group is said to have a plan to buy into Chinese property insurance firm Sinosafe General Insurance Co., Ltd. Sources said recently that the Swiss insurance group was looking for a stake in a Chinese ...
18 life insurance firms in China may be kept from opening new provincial branches because of their continuous loss-making, said people in the know. The 18 life insurers include six Chinese players and 12 foreign players like Allianz China ...
New China Life Insurance Co., Ltd. (SHSE: 601336 and SEHK: 1336) said last weekend that it has gained go-ahead from its board of directors to set up an e-commerce unit with a registered capital of CNY 100 million. The plan, though not ...
Tags: China Life, Online Sales Unit
Two Chinese firms will debut on the Stock Exchange of Hong Kong this month. They are China Galaxy Securities Co., Ltd. and Sinopec Engineering (Group) Co., Ltd. The former formally triggered the share sale on May 6 and the latter is ...
Tags: Launch IPO, Sinopec Engineering
Surrender value of four listed insurance companies in China reached CNY 34.3 billion in the first quarter of 2013, growing 40% to 100% over a year earlier. Surrender value of China Life hit CNY 20.088 billion, surging 102.6%, and the ...
Nan Shan Life widened the lead on Fubon Life in first year premium (FYP) revenues from NT$500 million (US$16.67 million) in October to NT$2.8 billion (US$93.3 million) in November, also challenging the leader Cathay Life fiercely after ...
Tags: Nan Shan, FYP revenues, Cathay Life
American International Group,Inc.(AIG)has entered into an agreement with an investor group led by the chairman of New China Trust Co,Weng Xianding,to sell up to 90%stake in International Lease Finance Corporation(ILFC). The investor ...
Taipei, Oct. 30, 2012 (CENS)--The outstanding amount of margin loans on the Taiwanese stock market plunged NT$4.328 billion yesterday (Oct. 29), as many margin traders have been forced to exit the market during the market downfall. Due to ...
Tags: Taiwanese stock, FPD, DRAM, LED, solar energy, flat panel display