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SHANGHAI, Nov 5 (Reuters) - China Pacific Insurance (Group) Co Ltd , China's third-largest life insurer, plans to carry out its planned Hong Kong listing by Christmas, the official China
SHANGHAI, Sept 1 (Reuters) - Shareholders of China Pacific Insurance have approved the firm's plan to float shares in Hong Kong, the company said on Tuesday, in an offer that analysts have estimated to
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BEIJING, Sep 24, 2009 (SinoCast Daily Business Beat via COMTEX) --
Rules for insurers in China to invest in equity in unlisted domestic companies are expected to be released by the China Insurance Regulatory Commission (CIRC), the top Chinese insurance regulator, soon.
The CIRC has completed soliciting opinions from the public for the proposal and during the past three months, it discussed with top executives of leading Chinese insurers including China Life Insurance Co., Ltd. (NYSE: LFC, SEHK: 2628, and SSE: 601628), Ping An Insurance (Group) Company of China, Ltd. (SHSE: 601318 and SEHK: 2318), China Pacific Insurance (Group) Co., Ltd. (CPIC and SHSE: 610601) and The People's Insurance Company (Group) of China (PICC) about the issue.
The rules have been finalized and the reason why the watchdog has not unveiled them is that the National Development and Reform Commission (NDRC), the nation's top economic planner, will unveil regulations on the management of equity investment funds. Only after that, the rules could be released.
Source: www.hexun.com (September 24, 2009)
Tags: china equity insurance investment nyse regulations SinoCast China Business Daily news insurance investment equity unlisted companies rules
Companies: China Life Insurance Co Ltd (LFC)
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El Segundo, California-based Computer Sciences Corporation has signed a five-year, $17.6m software and services contract with China Pacific Property Insurance Company.
http://www.computerbusinessreview.com/article_news.asp?guid=752D65D6-4F6D-4088-9737-974F0C7820F6
It was also reported that China Pacific intends to renegotiate with IAG for its US$280 million deal which the latter has agreed in principle to pay for the said share.
http://www.asiainsurancereview.com/print2.asp?article_ID=6225
IT services vendor Computer Sciences Corp. said Thursday that it has won a $17.6 million software and services contract from China's second-largest property and casualty insurer. Under the five-year deal, CSC will provide China Pacific Property Insurance Co.
http://www.insuretech.com/printableArticle.jhtml?articleID=159905923
The beauty of European white china, Pacific's narrow rim and large surface make it perfect for high volume service of generous portions.
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China Pacific Insurance Group, which is part-owned by the Carlyle Group and ... China Pacific Incorporated; Carlyle Group; Prudential Financial Incorporated
http://www.nytimes.com/2007/12/04/business/worldbusiness/04fobriefs-INSURERGETSA_BRF.html
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