China Life Insurance (Group) Co, the parent of China Life Insurance Co Ltd<601628><2628><LFC>, the country's largest life insurer in terms of premiums, on Sep. 14 raised its shareholding in BBMG Corp<2009> to 8.1% from the previous 7.69%, according to bourse operator Hong Kong Exchanges and...
Nov. 18, 2008 (China Knowledge) - China Life Insurance Co Ltd<601628><2628><LFC>, the country's largest life insurance company, is considering about acquiring some small and medium-sized overseas financial groups, the Financial Times...
Sep. 19, 2008 (China Knowledge) - Shanghai-based Allianz China Life Insurance Co. Ltd, a 51:49 joint venture (JV) between German financial services conglomerate Allianz Group and China's financial institution CITIC Trust Co. Ltd, announced that...
China Life Insurance Co Ltd<601628><2628><LFC>, the country's largest life insurer in terms of premiums, has commenced the first phase construction on an R&D center in Beijing, sources reported. The project, which covers an area of 140,000 square meters and involves total investment of around RMB...
Shanghai-based Allianz China Life Insurance Co Ltd, a 51:49 joint venture (JV) between German financial services conglomerate Allianz Group and China's financial institution CITIC Trust Co Ltd, will focus on participating insurance with protection as major products for its bancassurance channels in 2009, the...
BEIJING, Oct 19 - China Great Wall Asset Management Corp, a state-owned firm formed to clean up banks' bad debts, said it had launched a life insurance joint venture with Nippon Life Insurance, Japan's biggest...
China Great Wall Asset Management Corp, one of the four state-owned asset management companies in the country, has obtained approval from the China Insurance Regulatory Commission to purchase a 50% stake in Shanghai-based Nissay-SVA Life Insurance Co Ltd, a joint venture equally held by Nippon...
China Pacific Insurance (Group) Co<601601>, the country's third largest life insurer by premiums, on Tuesday announced that its unaudited life insurance premium income totaled RMB 29.6 billion (US$4.33 billion) in the first five months of this year, down 9.88% year on year....
Germany-based ERGO, one of the major insurance groups in Europe, intends to establish a life insurance joint venture (JV) in China as it regards the country as one of its main priorities in its plans for global expansion, the Shanghai Daily reported on Tuesday, citing Jochen Messemer, chairman of ERGO...
China Life Insurance Co Ltd<601628><2628><LFC>, the country's largest life insurance company, on Tuesday said that its unaudited premium income reached RMB 254.7 billion in the first ten months of this year, according to its filing with the Shanghai Stock Exchange. The figure indicates a year-on-year decline...