RSS Feed

Posts Tagged ‘Yuan’

CHINA’S PING AN INSURANCE, SSB CLARIFY INTEGRATION PLAN RUMOURS

Posted by gary on December 21st, 2010

Ping An Insurance Group Co (SSE:601318, SEHK:2318) and Shenzhen Development Bank (SDB, SSZ:000001) have jointly issued a statement to clarify rumors that their integration plan has been withdrawn by Shenzhen Banking Regulatory Bureau, Shanghai Securities News reported Monday. Ping An Insurance said the acquisition plan is being examined in accordance with the original plan. As [...]

Posted in Insurance News Tags: , , , , , , , , , , , , , , , , No Comments »
Read More »

China’s Ping An Insurance eyeing stake in Shanghai Jahwa

Posted by gary on December 9th, 2010

PING AN INSURANCE (GROUP) OF CHINA (SEHK:02318; SSE:601318) may purchase part of the equity in SHANGHAI JAHWA UNITED CO. (SSE:600315), according to China Business News report on Thursday. The report failed to disclose Ping An’s equity purchase scale, but said that Ping An may pay 40 yuan (US$6) for a share, higher than the 37.13 [...]

Posted in Insurance News Tags: , , , , , , , , , , , , , , , No Comments »
Read More »

CHINA’S CPIC JAN-OCT LIFE INSURANCE PREMIUMS REACH US$11.4 BLN

Posted by gary on November 17th, 2010

China Pacific Insurance Co. (CPIC, SSE:601601, SEHK:02601) said on Tuesday that its life insurance premiums reached 75.9 billion yuan (US$11.4 billion) in the first ten months of this year. Its property insurance premiums hit 42.6 billion yuan from January to October. According to previous announcement, the company’s life insurance premiums hit 68.9 billion yuan in [...]

Posted in Life Insurance Tags: , , , , , , , , , , , , , , , No Comments »
Read More »
Twitter Delicious Facebook Digg Favorites More