Listed Insurers Expected to Bring Fat Returns to Investors
Monday, Jun 07,2010, 9:20:00 PM Click:
China's listed insurance companies are expected to bring fat returns to insurance stock investors in the coming years.
In the coming three years, the growth of the Chinese economy might slow down. Still, the sustainable economic growth can be realized. In addition, certain risks in the house market can be brought under control in the future.
This year, the subsequent installment premiums of China Life Insurance Co., Ping An Life Insurance Co. and China Pacific Life Insurance Co. are expected to keep a higher-than-20% growth.
Currently, Beijing-based China Life takes the leading position in terms of the outlets at county level; Shenzhen-based Ping An Life boasts high market shares in those economically developed first-tier cities; while China Pacific Life Insurance follows the top two ones by boosting the business in less developed second- and third-tier cities. They are guessed to compete further in the wealth management sector, in order to increase the premium revenues in the future.
You may also be interested in:
Featured
Southern Bank, Springfield, Missouri, Assumes All of
Great Southern Bank, Springfield, Missouri, Assumes All of the Deposits of
Coalition Says Public Health Option Would Lead to
The current debate over health care reform has spawned town hall meetings all
Insurance Groups Urge Slowing Down Health Reform
WASHINGTON, April 22, 2009 The Independent Insurance Agents Brokers of America
In a Quiet Storm Season, State Debates Insurance
TALLAHASSEE - Florida moved a little closer to reducing its financial
Hooper Holmes responded to the proposal of
Basking Ridge, NJ - (MARKET WIRE) - 04/15/09 - Hooper Holmes (NYSE AMEX: HH)
CNinsure Appoints Zhao to Head Insurance Brokerage
CNinsure, the Nasdaq-listed independent Chinese insurance intermediary, has
MetLife Executive to Speak at Wachovia Conference
NEW YORK--(BUSINESS WIRE)-- Anthony J. Nugent, executive vice president,
MOST POPULAR
- Most Read
- Most Discussed
- Most Emailed
- A.M. Best Places Ratings of Forethought Life Insurance Compa
- A.M. Best Downgrades Issuer Credit and Debt Ratings of Jackson National Life Insurance Company and Its Affiliates
- A.M. Best Downgrades Ratings of Bankers Life Insurance Company; Revises Outlook to Negative
- Farmers Insurance(R) Named One of the 'Best Companies to Work For' in the Greater Kansas City Area
- Till Death Do Us Part; How second-to-die life insurance pol
- Chartis Charts Its Path Away From AIG
- A.M. Best Revises Outlook to Negative for AXA Financial, Inc
- Prepared Insurance Strategy Shaped by Florida Regulation, Rates
- Bank of America began to reduce the principal amount of mortgage loan modifications
- A.M. Best Downgrades Issuer Credit Ratings of Primerica Life
-
United States and the lives Industry''s Market Cap Tanks, ac -
Citizens Property Insurance is preparing to raise rates -
ING Names Winners of "ING Run For Something Better 'Stu -
Some of some of the largest HMO Manage To increase their pro -
Study Illuminates 401(k) Participants’ Preferences for Fee Disclosures -
Principal Chief Financial Officer is $ 4.8 million in 2008 -
A.M. Best Downgrades Ratings of AEGON N.V.''s U.S. Operation -
Insurers Need Clear Attitude from CIRC


Discuss this news
Click Here to see all comments