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1 through 20 of 201 matching documents, best matches first.   Sort by date

Swiss Re CFO: Liability Reserves Boosted on Social Inflation Concerns
John Dacey in a conference call. The majority of the reserve additions were offset by reserve releases in other lines, he said. The reserve updates came from observations Swiss ...
Source: BestWire   Date: November 3, 2023
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Swiss Re CFO Touts Casualty Lines Reserving Strategy
Inflation and claims trends are a concern for Swiss Re Ltd.'s casualty reserving as the group comes off a strong first half, said its chief financial officer. Continuing rising ...
Source: BestWire   Date: August 4, 2023
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China Pacific Life Approved for Long-Term Insurance Business in Hong Kong
China Pacific Life Insurance (H.K.) Co. Ltd. said it has been authorized by the Hong Kong Insurance Authority to conduct long-term insurance business in Hong Kong. The ...
Source: BestWire   Date: December 8, 2021
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China Life First-Half Net Profit Dips 18.8%
First-half net profit attributable to equity holders of China Life Insurance Co. Ltd. fell 18.8% to 30.5 billion yuan ($4.4 billion). Among other things, the company said the ...
Source: BestWire   Date: August 26, 2020
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China Pacific Insurance Gains Chinese Government Approval for London Listing
China Pacific Insurance (Group) Co. Ltd. said it received Chinese government approval for the issuance and admission of global depositary receipts on the London Stock Exchange. ...
Source: BestWire   Date: June 4, 2020
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China Pacific’s First-Half Net Profit Rises 96.1%
China Pacific Life Insurance Co. Ltd. and China Pacific Property Insurance Co. Ltd. rose 88.5% and 111.1% to 12.3 billion yuan and 3.4 billion yuan, respectively. China's economy ...
Source: BestWire   Date: August 27, 2019
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China Life First-Half Net Surges 128.9%
China Life Insurance Co. Ltd. more than doubled its net profit attributable to shareholders to 37.6 billion yuan (US$5.3 billion) in the first half of 2019. Total revenues rose ...
Source: BestWire   Date: August 26, 2019
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China Posts 15% Rise in First-Half Life Premium
Life industry's total assets amounted to 15.8 trillion yuan in the first half. The life insurance sector's premium trend has returned to a growth momentum in 2019. In the first ...
Source: BestWire   Date: August 5, 2019
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China Life Forms Partnership for Environmental Protection Projects Investment
China Life Insurance Co. Ltd. and its affiliate have formed a partnership with Xiongan Fund Management for investment in environmental protection projects in Xiongan New Area. ...
Source: BestWire   Date: July 25, 2019
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China Life Insurance Names New CFO
China Life Insurance Co. Ltd. Chief Financial Officer Zhao Lijun has resigned. Lijun, who is leaving due to what the company called a management-division adjustment, will be ...
Source: BestWire   Date: July 11, 2019
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China’s Tax Reduction Policy to Benefit Life and Health Writers
...Mattison said "the change today is not totally out of blue." But the magnitude is higher than expected. The impact on companies differs determined by their current commission ...
Source: BestWire   Date: May 31, 2019
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China’s Insurance Sector Posted a 16% First-Quarter Rise in Premium Income
Bond investment was the biggest asset class, with a total of 5.7 trillion yuan as of March 31, said the CBIRC. Equity investments totalled 2.1 trillion yuan. In 2018, China's ...
Source: BestWire   Date: May 8, 2019
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China Pacific Posts 46.1% Rise in First-Quarter Net Profit
News Service, April 3, 2019). (By Iris Lai, Hong Kong bureau manager: Iris.Lai@ambest.com)
Source: BestWire   Date: May 7, 2019
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Stock Market Rally Lifts China Life’s First-Quarter Profit
News Service, March 29, 2019). (By Iris Lai, Hong Kong bureau manager: Iris.Lai@ambest.com)
Source: BestWire   Date: April 26, 2019
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AM Best Asia Director: With Slip in 2018 Results, China’s Nonlife Insurers Should Refocus on Profit Ahead of C-ROSS Phase 2
Capital requirements are expected to rise under the second phase of C-ROSS. Subsequent higher capital costs will require insurers look into their strategy and profitability. The ...
Source: BestWire   Date: April 12, 2019
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China Pacific Insurance Group Reported 22.9% Rise in 2018 Net Profit
China Pacific Life (Best's News Service, Dec. 5, 2018). In 2019, China Pacific said "it will be a year to overcome difficulties." The group "will concentrate resources to ...
Source: BestWire   Date: April 3, 2019
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China Life 2018 Net Profit Falls 64.7%
Market (Best's News Service, March 7, 2019). (By Iris Lai, Hong Kong bureau manager: Iris.Lai@ambest.com)
Source: BestWire   Date: March 29, 2019
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Dr. Schanz, Alms & Co. Survey: Fixed Health Products Identified as Strongest Growth Prospect in Emerging Asia
Ping An Insurance Group Co. said rapid expansion of life and health insurance attributed to 18.9% profit growth (Best's News Service, March 13, 2019). Another major Chinese ...
Source: BestWire   Date: March 21, 2019
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China’s Commitment to the Expansion of Foreign Investments Enhances Capital and Flexibility
Best Asia-Pacific Ltd. "The introduction of more foreign capital will likely enhance Chinese insurers' financial flexibility," said Chan. Regulatory initiatives to open up the ...
Source: BestWire   Date: March 15, 2019
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China Life Cleared to Issue Bonds for Capital Replenishment
China Life Insurance Co. Ltd. has received regulatory approvals to issue bonds for capital replenishment, not to exceed 35 billion yuan (US$5.3 billion). The People's Bank of China ...
Source: BestWire   Date: March 7, 2019
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