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Life Insurance

New China Life Jan-Aug Premiums Broke CNY67bn

New China Life Insurance Co. obtained more than CNY 67 billion premiums in the first eight months of 2010, representing a year-on-year increase of 60%. Premiums derived from its core insurance business exceeded CNY 39 billion. The core busi...

Two Life Insurers Approved to Issue Total CNY8bn Bonds

Taikang Life Insurance Co., Ltd. and Taiping Life Insurance Co. both won regulatory approval to issue maximum CNY 4 billion callable subordinated bonds so as to raise their solvency. The bonds, with a maturity of ten years, shall be issued...

TAIWAN'S FUBON MAY CONSIDER BID FOR NAN SHAN LIFE INSURANCE

Taiwan's Fubon Financial Holding Co. (TAIEX:2881) hinted Wednesday that it is considering the possibility of acquiring Nan Shan Life Insurance Co., after the government rejected a bid by a Hong Kong consortium to buy the company. We would e...

Research and Markets: Snapshots Canada Non-Life Insurance 2010

Snapshot Canada Non-Life Insurance 2010 provides 2009 year-end market size data, with 2010 estimates, 5 years of historical data and five-year forecasts. The Snapshots report gives an instant overview of the Canadian non-life insurance mark...

China's Life Insurance Agencies Set to Overtake Motor in Intermediary Market

Intense market competition in the Chinese motor insurance agency sector is creating opportunities for the life insurance agency market, which is expected to overtake motor to become the biggest component of the insurance intermediary indust...

Aeon Life Wins Approval for Shandong Branch

Aeon Life Insurance Company Ltd. won regulatory approval to set up a Shandong branch, which comes out of its latest efforts to expand across the country. The Dalian-headquartered insurer, incorporated in June 2009, has opened Dalian busines...

AIA to Launch HK IPO Directly

AIA, the Asian life insurance unit of bailed-out insurer AIG, has given up a pre-IPO strategic investor introduction plan and intends to debut on the Stock Exchange of Hong Kong directly. As US's midterm election approaches, the US insuranc...

LIMRA: Sales of Whole Life Continue Upward Trend in 2Q; Term Life Sees Steep Decline

Total second-quarter U.S. sales of individual life insurance -- measured in new annualized premium -- rose 7% from the same period in 2009, marking the second straight quarter in which sales increased from the prior year, according to LIMRA...

Watch for China Life Insurance to Rebound after Falling 2.69% Yesterday (LFC)

China Life Insurance (NYSE:LFC) traded in a range yesterday that spanned from a low of $60.76 to a high of $62.50. Yesterday, the shares fell 2.69%, which took the trading range below the 3-day low of $62.60 on volume of 1.4 million shares....

INDIA'S RELIANCE LIFE SEES AUM CROSS RS 15,000 CR

NEW DELHI, Aug 24 Asia Pulse - India's Reliance Life Insurance said it has crossed Rs 15,000 crore (US$3.204 billion) mark in its Assets Under Management (AUM) and aims to double them by the end of this fiscal year. This milestone closely f...

Taikang Life, Sunshine Insurance Eying Hong Kong IPO

Another two life insurance firms in mainland China are looking to get listed on the Hong Kong stock market, disclosed people familiar with the matter today, Taikang Life Insurance Co., Ltd. and Sunshine Insurance Group Corporation Limited,...

Swiss Life Boosts Profit on Premium Growth, Efficiency Measures

Premium growth and cost-saving measures translated into a 94% rise in first-half net income for Swiss Life Group, which reported rising revenue in all of its major regional markets. First-half net income rose to 269 million Swiss francs (20...

Delphi Financial Group is Among the Companies in the Life & Health Insurance Industry With the Highest Debt To Asset Ratio

Below are the top five companies in the Life Health Insurance industry as measured by their Debt To Asset ratio. The Debt/Asset ratio shows the proportion of a company's assets that are financed through debt. If the ratio is greater than on...

China Life Gained CNY204.6bn in Jan-Jul Premiums

China's biggest life insurance company Beijing-based China Life (601628.SH, 2628.HK) from this January to July made primary premium revenues of CNY 204.6 billion under the new accounting standards, according to an announcement of the compan...

New York Life Insurance names chief investment officer

New York Life Insurance Company has appointed its executive vice president, John Kim, as chief investment officer. Gary Wendlandt, the company's vice chairman and chief investment officer, has elected to retire at the end of 2010. Mr Kim wi...

Allianz China Life to Become Profitable in 2013

Allianz China Life Insurance Co., Ltd. CEO Wilf Blackburn said in Shanghai recently that his company was to become profitable in 2013. This means that it will take the life insurance firm 15 years to start making profit on the Chinese marke...

Aegon is Among the Companies in the Life & Health Insurance Industry With the Best Relative Performance (AEG, SFG, SLF, LFC, TMK)

Below are the top five companies in the Life Health Insurance industry as measured by relative performance. This analysis was compiled based on yesterday's trading activity as we search for stocks that have the potential to outperform. Aego...