Tag: China

Updated Research Report on China Life Insurance

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Updated Research Report on China Life InsuranceNews from Zacks.com: This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339. On Mar 27, 2014, we issued an updated research report on China Life Insurance Co. [...]

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AIG plans China life-insurance JV with PICC

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AIG plans China life-insurance JV with PICCNews from MarketWatch: By Prudence Ho HONG KONG–U.S. insurer American International Group Inc said Thursday it is forming a joint venture with life insurance unit of Chinese insurer People’s Insurance Co. (Group) of China Ltd. that may put it in direct competition with its former Pan-Asian insurance unit. The [...]

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AIG, PICC Group ink joint venture to sell life insurance in China

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AIG, PICC Group ink joint venture to sell life insurance in ChinaNews from Reuters: A man walks past a backdrop during an investors meeting of The People’s Insurance Company (Group) of China Ltd (PICC) in Hong Kong November 22, 2012. Credit: Reuters/Bobby Yip HONG KONG | Thu Nov 22, 2012 3:28am EST HONG KONG (Reuters) [...]

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TEXT-Fitch affirms China Life at IFS ‘A+’;outlook stable

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TEXT-Fitch affirms China Life at IFS ‘A+’;outlook stableNews from Reuters: Fri Nov 9, 2012 2:49am EST (The following statement was released by the rating agency) Nov 09 – Fitch Ratings has affirmed China Life Insurance Company Limited’s (China Life) Insurer Financial Strength (IFS) Rating at ‘A+’. The Outlook is Stable. The rating reflects China Life’s [...]

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China Life set to report Q3 loss on weak markets

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China Life set to report Q3 loss on weak marketsNews from MarketWatch: By MarketWatch SHANGHAI–China’s biggest life insurer looks set to report its first quarterly loss since 2008 in the third quarter, as the country’s tepid equities and bond markets eat into its investment returns. China Life Insurance Co. said late Wednesday its profit for [...]

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China Life 1st Half Net Down 26% on Lower Premium Income, Impairment Losses

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China Life 1st Half Net Down 26% on Lower Premium Income, Impairment LossesNews from Fox Business: China Life Insurance Co. Ltd. (601628.SH), the world’s largest life insurer by market value, on Tuesday reported a 26% drop in first-half net profit, citing lower premium income and higher asset impairments arising from sluggish domestic capital markets. Analysts [...]

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China Life Insurance Recently Invested CNY9 Billion in Equity Funds -Report

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China Life Insurance Recently Invested CNY9 Billion in Equity Funds -ReportNews from Fox Business: China Life Insurance Co. Ltd (China) (2628.HK) recently invested 9 billion yuan ($ 1.41 billion) in equity funds, the Shanghai Securities News reported Friday, without citing sources. On Wednesday, the fund bought equity funds from Harvest Fund Management, CCB Principal Asset [...]

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Taiwan’s China Life: China JV With CCB Sells 14.27% Stake to …

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Taiwan’s China Life: China JV With CCB Sells 14.27% Stake to …News from Fox Business: Taiwan’s China Life Insurance Co. (2823.TW) said Thursday Pacific Antai Life Insurance Co., its Chinese life-insurance joint venture with China Construction Bank Corp. (0939.HK), has sold a 14.27% stake to the National Council for Social Security Fund of China. China [...]

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China Life Appoints Yang Mingsheng Chairman in State Reshuffle

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China Life Appoints Yang Mingsheng Chairman in State ReshuffleNews from Bloomberg: JPMorgan to Retain Ex-SEC Enforcer McLucas for CIO Probes By Bloomberg News – 2012-05-22T14:04:49Z China Life Insurance Co. (2628), the nation’s biggest insurer, appointed Yang Mingsheng as chairman, two months after the former regulatory official was named chairman of its state-owned parent company. Yang [...]

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Zacks Bull and Bear of the Day Highlights: Cerner, China Life Insurance, Sara …

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Zacks Bull and Bear of the Day Highlights: Cerner, China Life Insurance, Sara …News from Zacks.com: For Immediate Release Chicago, IL – May 2, 2012 – Zacks Equity Research highlights Cerner Corporation (CERN – Analyst Report) as the Bull of the Day and China Life Insurance Co., Ltd. (LFC – Analyst Report) as the Bear [...]

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