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Taiping life insurance Co., Ltd. has brought in more than CNY 30 billion premium revenue as of November 28, leaping by 51.55 percent year on year, achieving the goal of the year ahead of schedule. The insurance company gained CNY 10 billion premium income in 78 days by March 19, and the revenue exceeded CNY [...]
Posts Tagged ‘INSURER’
Taiping Life Insurance Records over CNY30bn Premium Income
Posted by gary on December 2nd, 2010
Posted in Life Insurance 
Tags: Bbb, Business Growth, Business Structure, Business Value, Cny, Financial Meltdown, Financial Strength, Fitch Ratings, Insurance Co Ltd, Insurance Company, Insurance Records, INSURER, Life Insurance Co, March 19, New Business, Profit Growth, Return On Investment, Stable Growth, Structure Optimization, Sustainable Business 
No Comments »AUST’S SUNCORP-METWAY TO OFFLOAD INVESTMENT BIZ TO NIKKO ASSET
Posted by gary on November 21st, 2010
Australia’s Suncorp-Metway Ltd (ASX:SUN) will sell its Tyndall Investments business to Japan’s Nikko Asset Management for up to A$128.5 million (US$126.24 million), as the insurer and bank pursues its stated simplification strategy. Suncorp says it will remain Tyndall Investment’s major client, with about $18 billion of funds under management. Suncorp and Tyndall say the transaction [...]
Posted in Insurance News Tags: Asset Management Business, Asx, Australia And New Zealand, Australian Equities, Australian Investment, Customer Partnership, Distribution Network, Economic Influence, INSURER, Investment Insights, Investment Markets, Investment Team, Munster, Nikko, Simplification, Snowball, Sumitomo, Sumitomo Trust, Suncorp Metway Ltd No Comments »AUST’S AXA APH CONFIRMS AXA SA, AMP STILL IN ACQUISITION TALKS
Posted by gary on November 5th, 2010
AXA Asia Pacific Holdings Ltd (AXA APH, ASX:AXA) has confirmed its French parent, AXA SA, is in talks with AMP Ltd (ASX:AMP) over a possible acquisition of AXA APH’s businesses. But AXA APH said in a statement on Friday the discussions are incomplete and may not result in a transaction. “AXA APH confirms it has [...]
Posted in Breaking News Tags: Accc, Acquisition Talks, Aedt, Amp Ltd, Aph, Asx, Aust, Australasian, Australian Competition, Axa, Axa Asia Pacific, Holdings Ltd, INSURER, Last November, Nab, National Australia Bank, Speculation, Takeover Talks, Tilt, Wealth Manager No Comments »INSURER TOWER AUSTRALIA BOOKS 32 PCT DROP IN FULL YEAR PROFIT
Posted by gary on February 13th, 2010
Tower Australia Ltd’s (ASX:TAL) full year profit declined by 32 per cent as the life insurer’s investments were hit by volatile markets and a higher amortisations charge. Net profit fell to A$46.4 million for the 12 months to September 30, Sydney-based Tower said in a statement on Thursday. Australia’s biggest specialist life insurer said underlying [...]
