Wednesday, September 1, 2010
business within the group and contribute to the more balanced development among its three major business segments, namely insurance, banking and investment,” Ping An said. Ping An, which is transforming itself into a bancassurer, is aiming to tap growing
Wednesday, September 1, 2010
Ping An Insurance (Group) Co., Chinas second-largest insurer, will merge its bank unit into Shenzhen Development Bank Co. in a deal valued at about 29.1 billion yuan ($4.3 billion) to consolidate
SYDNEY, Sept 1 (Reuters) – QBE Insurance Group , Australia’s top insurer by premium, said recent media reports that it was searching for a new chief executive was false and Frank O’Halloran would remain CEO for
NEW DELHI: Anil Dhirubhai Ambani Group company Reliance Life Insurance has been awarded a high rating in customer satisfaction for the third year in a row, according to a survey. “Reliance Life Insurance Company, part of Reliance Capital, has been
NEW DELHI: Anil Dhirubhai Ambani Group company Reliance Life Insurance has emerged as the leading private sector insurer in terms of the number of policies sold in the month of July. Reliance Life Insurance sold 2,81,810 policies during
Wednesday, August 25, 2010
Insurance Australia Group Ltd., the Sydney-based insurer formed in 1925, plans to return to profit in the U.K. this fiscal year after rising claims at the unit dragged down group
Wednesday, August 25, 2010
Source: The Australian BANKING and insurance group Suncorp-Metway today said annual net profit more than doubled as revenue grew by $1.5 billion. Brisbane-based Suncorp said net profit for the year ended June 30 rose to
BEIJING – Ping An Insurance (Group) Company, China’s second-largest insurance group on Tuesday reported a 27.9 percent increase in net profit to 9.87 billion yuan ($1.45 billion) during the first half
NEW DELHI: Anil Ambani Group company Reliance Life Insurance will infuse Rs 250 crore to fund business expansion plans in FY’11, out of which Rs 70 crore was pumped in during the first quarter itself. “So far as
Wednesday, August 18, 2010
QBE Insurance Group’s profit hit by substantially lower investment income from cash and fixed income investments