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China Life’s asset management subsidiary takes the lead to be granted bond-underwriting right |
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Written by Administrator
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Thursday, 24 August 2006 |
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BEIJING, August 24 (InfoChina) – China Life Insurance Asset Management Co., Ltd., a subsidiary jointly founded by China Life Insurance Co., Ltd. (NYSE: LFC, HK: 2628) and its parent company, has be approved to become the first bond underwriter among all insurance companies, according to China Business News. |
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Standard & Poor’s appraises China’s insurance industry from “developing” to “positive” |
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Written by Administrator
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Monday, 21 August 2006 |
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BEIJING, August 21 (InfoChina) – Standard & Poor’s has recently uplifted the anticipation for China’s insurance industry from “developing” to “positive”, while has downgraded the industry risk in both life insurance and non-life insurance markets from “high” to “medium high”, according to China Securities Journal. |
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Beijing’s insurance premium income ups 27.4% in first half of 2006 |
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Written by Administrator
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Friday, 04 August 2006 |
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BEIJING, August 4 (InfoChina) – The premium for Beijing insurance market reached 20.95 billion yuan in the first two quarters of 2006, down 39.7% compared to the same period of last year, according to the latest statistics from Beijing Municipal Insurance Regulatory Bureau. |
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China Life to sell China Life-CMG Insurance by yearend |
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Written by Administrator
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Thursday, 03 August 2006 |
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BEIJING, August 2 (InfoChina) – China Life Insurance Co., Ltd. (NYSE: LFC, HK: 2628) plans to sell all its 51% equity in Sino-Australian insurance joint venture China Life-CMG Insurance Co., Ltd. in the second half of 2006, Oriental Daily quoted a market source as saying. |
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