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China Pacific Insurance Co. (CPIC, SSE:601601, SEHK:02601) said on Tuesday that its life insurance premiums reached 75.9 billion yuan (US$11.4 billion) in the first ten months of this year. Its property insurance premiums hit 42.6 billion yuan from January to October. According to previous announcement, the company’s life insurance premiums hit 68.9 billion yuan in [...]
Posts Tagged ‘First Nine Months’
CHINA’S CPIC JAN-OCT LIFE INSURANCE PREMIUMS REACH US$11.4 BLN
Posted by gary on November 17th, 2010
Posted in Life Insurance 
Tags: China Life Insurance, Company Insurance, Cpic, First Nine Months, Insurance, Insurance Life, Life Insurance Company, Life Insurance Premiums, Pacific Insurance Co, Ping, Previous Announcement, Property And Casualty, Property Insurance Premiums, Sehk, Sse, Yuan 
No Comments »Insurance Intermediaries Busy with Listing
Posted by gary on November 5th, 2010
Huakang financial Service, Inc. and China Meichen financial Group, two insurance intermediaries based in the southern Chinese province Guangdong, are planning to go public in 2011. The former prepares to get listed on the stock market of the United States, probably on the NASDAQ Global Market; and the latter intends to become publicly traded on [...]
Posted in Insurance News Tags: Beijing China, China Investment, China Life Insurance, China Life Insurance Co, Cisg, First Nine Months, Group Corporation, Guangdong, Hong Kong Stock, Hong Kong Stock Exchange, Insurance Institutions, Insurance Intermediaries, Kong Stock Exchange, Life Insurance Co, Local Insurance, Regulatory Departments, Reinsurance Company, Reinsurance Group, Southern Chinese Province, Venture Capital Investment No Comments »ICBC Has Buit Presence in Five ASEAN Countries
Posted by gary on November 5th, 2010
The Industrial and Commercial Bank of China has built preliminary presence in ASEAN countries so far. ICBC in April 2010 acquired approximately 97.24% stake in Thailand’s ACL Bank Public Company Limited via a tender offer, and ACL Bank in July was renamed Industrial and Commercial Bank of China (Thai) Public Company Limited. Taking over former [...]
Posted in Banks & Thrifts Tags: Acl, Asean Countries, Assets, Bank Of China, Bank One, Business License, Commercial Bank Of China, Compound Annual Growth Rate, First Nine Months, Gross Domestic Products, Icbc, Indonesia Malaysia, Industrial And Commercial Bank Of China, Net Profit, Overseas Outlets, Profits, South Africa, Stake, Tender Offer, Vietnam No Comments »Everest Re Group Reports 3rd Quarter 2010 Results
Posted by gary on November 5th, 2010
Everest Re Group has reported third quarter 2010 after-tax operating income, which excludes net realized capital gains and losses, of $149.3 million, or $2.67 per diluted common share, compared to after-tax operating income1 of $209.4 million, or $3.43 per diluted common share, in the third quarter of 2009. In a release on Nov. 1, the [...]
Posted in Breaking News Tags: Capital Gains And Losses, Capital Management, Ceo, Discipline, Dividends, First Nine Months, Foreign Exchange, Marketplace, Net Income, Nov 1, Operating Income, Reinsurance Premiums, Return Of Capital, Share Growth, Share Repurchases, Shareholder Value, Taranto, Worldwide Reinsurance No Comments »
