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Chinese insurers required to report equity investments to regulator |
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Written by Administrator
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Wednesday, 12 July 2006 |
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BEIJING, July 12 (InfoChina) – Insurance companies in China are required to report their long-term equity investments in time to the China Insurance Regulatory Commission (CIRC), the regulator of the industry, according to a document issued by CIRC on July 10. |
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Surging bank insurance suffers slowing-growth undercurrents |
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Written by Administrator
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Friday, 07 July 2006 |
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BEIJING, July 7 (InfoChina) – Though China’s banking insurance surged 85.59% year on year in the first five months of the year, the growth rate is 35.41% lower than the 121% in Jan-Feb, according to statistics released by China Insurance Regulatory Commission. |
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Banking insurance becomes new growth point of China Life |
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Written by Administrator
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Thursday, 06 July 2006 |
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BEIJING, July 6 (InfoChina) –Banking insurance business has become a new profit-pinning source for Chinese insurance companies, especially for China Life Insurance Co., Ltd. (NYSE: LFC, HK: 2628), the biggest life insurer of China. |
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China Life’s bank equity hits 10 billion yuan |
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Written by Administrator
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Thursday, 06 July 2006 |
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BEIJING, July 6 (InfoChina) –China Life Insurance Co., Ltd. (NYSE: LFC, HK: 2628) reveals that its bank equities, located in both the mainland and Hong Kong, has hit 10 billion yuan in value. |
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Expert: Increased shares in CITIC Securities to benefit China Life in the long run |
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Written by Administrator
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Thursday, 29 June 2006 |
BEIJING, June 29 (InfoChina) – The positive effect of increasing shares in CITIC Securities by China Life began to surface since the first day after the purchase, but experts generally hold that the benefits will be long-term ones.
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