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China Pacific to list in HK by Christmas -paper
uk.reuters.com | Nov 5, 2009
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
Shareholders back China Pacific HK share offer
uk.reuters.com | Aug 31, 2009
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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Rules for Insurers to Invest in PE Finalized - Zibb.com
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)
Insurance Giants' Jan-July Premium Revenue Differed - Zibb.com
BEIJING, Aug 18, 2009 (SinoCast Daily Business Beat via COMTEX) --
Ping An Insurance (Group) Company of China, Ltd. (SHSE: 601318; SEHK: 2318), the country's second biggest insurer by premiums, witnessed a growth in premium in July 2009, while two other insurance giants China Life Insurance Company Limited (SHSE: 601628, SEHK: 2628) and China Pacific Insurance (Group) Co., Ltd. (CPIC and SHSE: 601601) suffered a negative growth each.
By the end of July 2009, premium revenue of Ping An Insurance had reached about CNY 104.838 billion, growing 33.93% over the same period of a year earlier. Premium revenue of China Pacific Insurance (Group) hit a total of CNY 60.9 billion in the first seven months of this year, inching down 0.98% over a year earlier, and premium revenue of China Life, the largest life insurance firm in the nation, hit CNY 191.1 billion, dropping 5.88% over the previous year.
The China Insurance Regulatory Commission required insurance firms to curb too much concern on bancassurance since the start of August 2008.
Source: www.nbd.com.cn (August 18, 2009)
Tags: china insurance life insurance revenue SinoCast China Business Daily news premium insurance revenue life insurance listed company
Companies: China Life Insurance Co Ltd (LFC)
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CSC signs $17.6m contract with China Pacific Property Insurance - Computer Business Review
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
Asia Insurance Review
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...
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
Jean's Restaurant Supply - Ventura China Pacific
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: Insurer Gets Approval for Offering - New York Times
www.nytimes.com
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
Warewashing Equipment Results from the Hospitality Industry
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Libbey Glassware Updates News | www.jeansrestaurantsupply.com | Dec ... China Pacific Incorporated (3) Coca-Cola Company (1) Diageo Plc (7) General Electric Company (7)
IPO News and Blogs from the Business Industry
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Blackstone plans IPO for Merlin Entertainments: report - MarketWatch News ... China Pacific Incorporated (5) China Unicom Limited (1) CIT Group Incorporated (3)