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CompaniesPrudential plc
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UK's Prudential Doubles Profit on Strong Asia Growth
Executive Tidjane Thiam in a webcast. "Our goal is to grow aggressively in Asia, maintain our position in the U.S. and focus selectively in the U.K." Excluding Japan, where ...
Source: BestWire Date: March 9, 2011
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Nan Shan Deal Highlights Regulatory Concerns in Taiwan
Nan Shan Life Insurance Co. Ltd. to Ruen Chen Investment Holding Co. Ltd., a new investment company formed by Taiwanese industrial groups Ruentex Group and Pou Chen Corp. The ...
Source: BestWire Date: January 18, 2011
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UK's Prudential Taps Exec to Lead Asia Agency Development
The life insurer has about 340,000 agents in Asia. The appointment is "indicative of Prudential Corp. Asia's focus on agency distribution," and to ensure this channel is a core ...
Source: BestWire Date: January 4, 2011
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AIA Appoints Human Resources Chief
Hong Kong for six years before joining Axa. AIA, which as total assets of US$90 billion, has more than 300,000 agents and 24,000 employees across 15 markets in the Asia/Pacific ...
Source: BestWire Date: January 4, 2011
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AIA Group Divides Roles of Top Management
Group will split the top two positions in its management in 2011. The group's current executive chairman and chief executive, Mark Tucker will become president and group CEO, and ...
Source: BestWire Date: December 22, 2010
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China's Ping An Appoints New President and Senior Management
Ping An in a statement. Cheung has tendered his resignation as president of the company citing personal reasons. His term will end on March 18, 2011. He will continue as a director ...
Source: BestWire Date: November 22, 2010
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AIA Stock Added to Nine Global Market Indices
Following its recent Hong Kong-listing, AIA Group Ltd., the Asia life insurance operation of American International Group Inc., has been added to several international market ...
Source: BestWire Date: November 11, 2010
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AIA Group Prices Hong Kong IPO at Upper Limit of Target Range
Hong Kong initial public offering set for Oct. 29. The insurer said it has fully exercised the offer size adjustment option and increased by 20% the total offered number of AIA ...
Source: BestWire Date: October 22, 2010
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MassMutual to Exit Taiwan's Life Market
...Mutual Mercuries Life Ltd. to Mercuries Corp., founder of the life joint venture. Taiwanese enterprise Mercuries has agreed to pay US$68 million to MassMutual for 280.5 million ...
Source: BestWire Date: October 20, 2010
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AIG May Raise About $20 Billion Through AIA Listing
Asian life subsidiary, AIA Group Ltd., on the Hong Kong Stock Exchange this month. AIA plans to sell 586 million shares in Hong Kong and 5.27 billion shares internationally at a ...
Source: BestWire Date: October 18, 2010
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AIG's Departure Creates New Challenges in Japan's Life Market
American International Group Inc.'s divestiture of its life insurance businesses will reorder the market for foreign insurers in Japan, where AIG had built up a substantial ...
Source: BestWire Date: October 12, 2010
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AIA Group Forms New Board Ahead of Hong Kong IPO
Hurd and Wintrob were appointed to represent AIG on the board. Most of the new board members were appointed on Sept. 28, according to AIA. Tucker, 52, was the former CEO of the ...
Source: BestWire Date: October 5, 2010
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