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Market share gap between life insurers in the Chinese market will be widened due to the new accounting standards. China life insurance Co., Ltd. (SHSE: 601628 and SEHK: 2628), the nation’s biggest life insurer, will see its market share in the domestic life insurance sector rise to over 40 percent from 36.2 percent thanks to [...]
Archive for the ‘Life Insurance’ Category
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Insurer has tough sell ahead
Posted by gary on May 31st, 2010
life insurance provider Tower Australia seeks to raise $A96m in a new capital sourcing move. However, institutions appear unreceptive to the road show headed by MD Jim Minto, who argues the strategy is designed to have all potentially required funds available at the same time. The issue price in the seven-for-one placement is $A1.85, compared [...]
INDIA’S RELIANCE LIFE INSURANCE LAUNCHES NEW INVESTMENT PLAN
Posted by gary on May 26th, 2010
India’s ADAG (Anil Dhirubhai Ambani Group) group company Reliance life insurance on Tuesday launched a traditional investment plan that provides life protection and regular savings with annual guaranteed investment returns. “The Reliance Life Traditional Investment Insurance Plan combines life protection and regular savings with complete transparency and flexibility features and advance guaranteed returns,” Reliance life [...]
Proposed Collection; Request for Comments on a Revised Information Collection
Posted by gary on May 21st, 2010
SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (Pub. L. 104-13, May 22, 1995), this notice announces that the Office of Personnel Management (OPM) intends to submit to the Office of Management and Budget (OMB) a request for comments on a revised information collection. This information collection, “Designation of Beneficiary: Federal Employees’ Group [...]
China’s insurers earn US$83 bln in premium income in 1st 4 mths
Posted by gary on May 21st, 2010
China’s insurance industry raked in 565.5 billion yuan (US$82.8 billion) in premiums income in the first four months of this year, an increase of 36.58 per cent on year, said the China Insurance Regulatory Commission (CIRC). The outstanding insurance capital in operation hit 3,970.245 billion yuan by the end of April, and the average investment [...]
Insurance Giants Pool Money in Fund Purchase on Market Drop
Posted by gary on May 19th, 2010
Chinese insurance giants, including China life insurance Co., Ltd. (SHSE: 601628, SEHK: 2628), the largest life insurance firm in the nation by premium, started pooling money on the purchase of funds when the benchmark stock index hit below 2,700 in the week ended on May 16, 2010. People with knowledge of the matter told journalists [...]
Ameritas Group Expands Dental Insurance Network
Posted by gary on April 8th, 2010
Ameritas Group has expanded its network of dentists, bringing the size of the network to 130,000-plus “access points.” The insurer said it added more than 22,000 such points to its dental network. If a dentist practices at two or three locations, each would count as an access point because the company’s members can receive dental [...]
Tags: The Good in Internet Life Insurance Leads
Posted by gary on February 13th, 2010
What is so good about internet life insurance leads? Why are more and more agents talking about these? If you don’t know the answer to these questions you need to continue to read. When it comes down to it, agents are generating internet life insurance leads for a reason. And once you are on the [...]
