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China Development Financial to Acquire Taiwan’s China Life
China Development Financial Holding Corp. said an extraordinary meeting of its shareholders approved the company's acquisition of China Life Insurance Co Ltd. as a wholly owned CDF ...
Source: BestWire   Date: October 5, 2021
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China’s Regulator Grants Approval for Third Batch of Tax-Deferred Pension Scheme Insurers
Heng An Standard Life and BoComm Life. The CBIRC said it will closely monitor the operation of these insurers for the protection of consumer interests and industry development. ...
Source: BestWire   Date: September 13, 2018
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Axa, ING Form Bancassurance Partnership in Europe and Australia
Czech Republic), Axa said in the email. "For Australia and Austria, we will be supported by a local insurance partner." Axa said the partnership does not involve any staff changes ...
Source: BestWire   Date: June 13, 2018
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Allianz Completes Partial Life Insurance Portfolio Sale in Taiwan to China Life Insurance
Taiwan to China Life Insurance Co. The global company said it is committed to remaining in the life insurance business in Taiwan, referring to the country as a key market. Allianz ...
Source: BestWire   Date: May 18, 2018
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Taiwan’s Insurance Industry Posted 9.08% Premium Growth in 2017
Insurance Institute's statistic report. Premium income for the life sector increased 9.16% to NT$3.4 trillion in 2017. Individual annuity insurance posted growth of 56% to NT$321 ...
Source: BestWire   Date: March 16, 2018
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Allianz Cleared to Sell Part of Life Business to Taiwan’s China Life
China Life Insurance Co. in Taiwan, according to a statement from the German insurer. "This transaction supports our priorities to focus on the core segments where we have the most ...
Source: BestWire   Date: February 28, 2018
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Allianz to Sell Part of Taiwan Life Insurance Business to China Life
Allianz Taiwan Life Insurance Co. Ltd. has agreed to sell part of its traditional life insurance portfolio to China Life Insurance Co. Ltd. in Taiwan. "The transaction includes a ...
Source: BestWire   Date: October 19, 2017
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Taiwan’s China Development Financial Cleared to Acquire Stake in China Life
China Life Insurance Co. Ltd., according to a statement from the Financial Supervisory Commission's Insurance Bureau. China Development Financial has to complete the investment in ...
Source: BestWire   Date: August 16, 2017
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Taiwan’s China Development Financial Acquires 25% Stake in Local Insurer China Life
China Development Financial. This strategic alliance between China Development Financial and China Life will enable the group to provide not only comprehensive financial services ...
Source: BestWire   Date: July 12, 2017
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CCB Property & Casualty Commences Business in China
Property & Casualty Insurance Co. Ltd. has commenced business in China with total registered capital of 1 billion yuan (US$148 million). The launch of CCB P&C marks a milestone for ...
Source: BestWire   Date: October 25, 2016
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China’s Siasun to Set Up New Property Insurer Rongsheng With Other Investors
Siasun Robut & Automation Co. Ltd. said it has agreed to invest 200 million yuan (US$30.4 million) to set up a new nonlife insurance company, Rongsheng Property Insurance Co. Ltd., ...
Source: BestWire   Date: June 16, 2016
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Sunshine Insurance Group Cleared to Set Up Asset Management Company
China Insurance Regulatory Commission. Sunshine Insurance Group, Sunshine Life Insurance Co. Ltd. and Sunshine Property & Casualty Co. Ltd. invested 500 million yuan (US$75 ...
Source: BestWire   Date: June 8, 2016
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CCB Life Cleared to Commence Asset Management Business
International (China) jointly own CCB Life Asset Management. CCB International is an investment services unit of its wholly owned China Construction Bank. China Construction Bank ...
Source: BestWire   Date: April 19, 2016
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China’s Regulator Approves Establishment of Three Gorges Life Insurance
Three Gorges Life Insurance Co. Ltd. in Chongqing, a city in southwestern China. Three Gorges Life has seven investors, including Chongqing Yufu Asset Management Group Co. Ltd., ...
Source: BestWire   Date: April 8, 2016
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CCB Life Cleared to Set Up Nonlife Company in China
Ningxia province in northwestern China. CCB Life, Ningxia Transportation Investment Co. Ltd. and Yinchuan Communications Capital Investment Co. Ltd. are approved to set up CCB ...
Source: BestWire   Date: April 7, 2016
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China’s Regulator Approves Nine Insurers for Tax-Break Medical Insurance Program
The nine companies are China Life Insurance Co. Ltd., China Pacific Life Insurance Co. Ltd., Ping An Life Insurance Co. of China Ltd., New China Life Insurance Co. Ltd., Taiping ...
Source: BestWire   Date: March 9, 2016
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China's Regulator Approves CCB Life to Set Up Asset Management Company
International (China) to set up an asset management company. CCB Life and CCB International (China) will jointly establish CCB Life Asset Management, with registered capital of 100 ...
Source: BestWire   Date: September 8, 2015
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A.M. Best Affirms Ratings of Voya Financial, Inc. and Its Subsidiaries
... Company with a stable outlook. The following issue ratings have been affirmed with a positive outlook: Voya Financial, Inc.- - "bbb" on $1.0 billion 2.90% senior unsecured notes, ...
Source: Press Releases   Date: August 18, 2015
A.M. Best Affirms Ratings of Voya Financial, Inc. and Its Subsidiaries
... Company with a stable outlook. The following issue ratings have been affirmed with a positive outlook: Voya Financial, Inc.- - "bbb" on $1.0 billion 2.90% senior unsecured notes, ...
Source: BestWire   Date: August 18, 2015
Seven Insurers Cleared to Set Up Offshore Insurance Units in Taiwan
...Globe Life to set up OIU branches. The FSC said there are 12 insurance companies applying to establish an OIU after the bureau opened offshore business outlets to the insurance ...
Source: BestWire   Date: June 29, 2015
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