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China Grants 50 Bln Yuan RQFII Quota to Thailand

Dec 18, 2015

China has granted a 50 billion yuan (7.8 billion U.S. dollars) investment quota to Thailand under the Renminbi Qualified Foreign Institutional Investor (RQFII) pilot program, China's central bank said Thursday. The decision, part of ...

Tags: RQFII, financial cooperation

Investcorp Announces Its Agreement to Acquire SPGPrints Group B.V

Aug 12, 2014

Investcorp, a global provider and manager of alternative investment products, announces its agreement to acquire SPGPrints Group B.V. ("SPGPrints" or the "Company") from funds managed by Bencis Capital Partners for an enterprise value of ...

Tags: Investcorp, Acquire, Textile

The Chinese Private Sector's Annual Gold Demand Is Set to Increase 25%

Apr 16, 2014

The Chinese private sector's annual gold demand is set to increase 25% from the current level of around 1,100 mt to at least 1,350 mt by 2017, the World Gold Council said Tuesday in the 'China's gold market: progress and prospects' report. ...

Tags: Gold Demand, jewelry market

Protective Life Received Insurance Regulatory Approvals Required for Its Protective Life

Sep 17, 2013

Protective Life has received insurance regulatory approvals required in order for its subsidiary Protective Life Insurance to acquire MONY Life Insurance, as well to reinsure certain policies of MONY Life Insurance Company of America ...

Tags: Protective Life, Mony Life

Apollo Agreed to Provide a Set of Heightened Policyholder Protections

Aug 16, 2013

Apollo Global Management (Apollo) has agreed to provide a set of heightened policyholder protections as part of Athene Holding's proposed acquisition of Aviva Life and Annuity Company of New York (Aviva New York). The New York's ...

Tags: Apollo, Policyholder Protections

The Price of Gold Rebounded

Jul 17, 2013

In late June, the price of gold has fallen below 1,200 U.S. dollars per ounce; however, it rebounded slightly recently. At present, financial market fluctuates by the influence of domestic and international economic situation. Under this ...

Tags: Gold Price, Mineral

Aviva Introduced Its New Online Portal Known as Marketplace,to Access Over 40 Products

May 9, 2013

Aviva, a UK multinational insurance company, has introduced its new online portal known as Marketplace, in a bid to enbale brokers to access over 40 products catering risks in niche and specialist markets. Aviva interim intermediary and ...

Tags: Aviva, Specialist Risks

Aviva Is Considering Purchasing The Co-Operative Group General Insurance Business

Apr 23, 2013

London-based underwriter Aviva is considering purchasing the Co-operative Group general insurance business in a deal valued at approximately £650m ($989.82m). Co-operative Group, which operates as one of the UK's largest consumer ...

Tags: Aviva, Co-Operating Insurance

Principal Global Sells a Minority Stake in Post Advisory Group

Apr 1, 2013

Global asset manager Principal Global Investors is selling a minority stake in Post Advisory Group to Nippon Life Insurance, in a move that can broaden Post’s distribution in Japan. Based in Santa Monica, California, Post is a ...

Tags: Nippon Life, Minority Stake

Aviva Reported a Loss After Tax of 3.1bn Euro for The Year 2012 Compared to 2011

Mar 12, 2013

Aviva has reported a loss after tax of 3.1bn Euro for the year 2012 compared to a profit after tax of 60m during the same period in 2011, while loss after tax for continuing operations was 202m. The largest driver of the loss was sale of ...

Tags: Aviva, life insurance business, life insurance

Aviva Agreed to Sell Aviva Russia to Blagosostoyanie

Mar 4, 2013

UK underwriter Aviva has agreed to sell Aviva Russia to Blagosostoyanie, a Moscow-based non-state pension fund, for a cash consideration of €35m. Subject to the approval of the Federal Antimonopoly Service of the Russian Federation, ...

Tags: Aviva, Blagosostoyanie, cash consideration

Pacific Life Added a New Product, Dubbed Pacific Secured Buy-In

Feb 28, 2013

US insurer Pacific Life has added a new product, dubbed Pacific Secured Buy-In, to its comprehensive portfolio of pension risk-transfer products. Pacific Life Institutional & Structured Products vice president Richard Taube said Pacific ...

Tags: insurer, Pacific Life, Pacific Secured Buy-In

Aviva Has Launched a New iPad Application for Its Online Trading Platform

Feb 4, 2013

UK-based insurer Aviva has launched a new iPad application for its online trading platform, Fast Trade, to enable brokers to ‘quote and buy’ online in less than five minutes. The new application has been designed to enable ...

Tags: nsurer, Aviva, new iPad application

Aviva Has Selected Khor Seng as The New CEO of Aviva Asia

Jan 29, 2013

London based underwriter Aviva has selected Khor Seng as the new CEO of Aviva Asia, effective from 8 March 2013, to expand its businesses in the region. Seng, who joins the British insurer from AIA, will be based in Singapore and report ...

Tags: Aviva, CEO, insurer

Will The Gold Price Further Affect The Other India Markets?

Jan 23, 2013

The so called ‘unfavorable policies’ of the Indian government and persistent ‘ill-health’ of the US economy have started showing the signs which may not be welcomed by Indian jewellery industry. Thomson Reuters GFMS ...

Tags: Tough Time, India, Jewellery Traders

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