TOKYO, Nov 25 - Japan's top life insurers plan to keep foreign bond holdings hedged against currency volatility for the rest of the financial year after their first-half investment income was hurt by a stronger...
Cathay Life Insurance Co, the life insurance arm of Taiwan-based Cathay Financial Holding Co, said that it has acquired a commercial building on the island for NT$2.99 billion, sources reported.The ten-year building is on Section 4 of Zhongxiao East Road, one of Taipei's prime districts, will be rented back to the...
China's insurance premium income grew 9.4% year on year to RMB 936.09 billion in the first ten months of this year, said the China Insurance Regulatory Commission in a statement on its website.The country's insurance premium income was RMB 78.1 billion in October, up 27.20% from the RMB 61.4 billion booked...
China Pacific Insurance (Group) Co<601601>, the country's third-largest life insurer by premiums, said the unaudited premium income from its two units amounted to RMB 85.4 billion in the first ten months of this year, according its filing with the Shanghai Stock Exchange. The figure reflects a 3.02% rise compared with...
HONG KONG, Nov 13 - Zurich Financial Services AG said on Friday that its life insurance division aims to triple contributions from Asia to more than 20 percent of total revenue in three to five...
By Li Qiaoyi The country's insurance telemarket is expected to grow in the near future, an insurance company executive said yesterday, who disclosed plans to double sales staff over the next three years. "We're very confident in the prospects of phone sales. The market should expand for the fore...
IMF'S STRAUSS-KAHN: IMF WORKING ON IDEA OF IMPOSING INSURANCE FEES ON BANKS...
* AIG posts another profit, insurance revenue declines * Company warns future earnings volatility possible * Shares fall nearly 10 percent (Adds detail, comment on company not holding investor or media calls; updates share price)...
* Sun Life, Manulife report losses; Great-West profit * Losses driven by changes to actuarial assumptions * Shares of all three, plus Industrial Alliance, drop TORONTO, Nov 5 - Two of Canada's big life insurers...
SEOUL, Nov 4 - Korea Life Insurance Co Ltd, the No. 2 life insurer in South Korea, said on Wednesday it had mandated six banks, including Goldman Sachs <GS.N>, JPMorgan <JPM.N> and Deutsche Bank <DBKGn.DE>,...