BRIEF-Fitch says China non-life insurers may retain margins, defy slowdown
* does not expect the deregulation trials to adversely impair motor insurers' margin in the near term
MILAN Aug 6 Italy's UnipolSai will not use the capital gains from the sale of assets to German rival Allianz SE to pay a special dividend, the insurer's CEO said on Wednesday.
"I would exclude a special dividend absolutely," Carlo Cimbri said in a conference call on first half results.
Earlier this year Italy's No. 2 insurer agreed to sell a portfolio of assets to Allianz for 440 million euros ($588 million).
Cimbri also said the group expected to beat the targets for 2014 that were in the group's three year plan.
(1 US dollar = 0.7477 euro) (Reporting by Stephen Jewkes; Editing by Lisa Jucca)
* Board of directors approved the bank's additional capital infusion of 500.0 million pesos to China Bank Savings Inc Source text for Eikon: Further company coverage:
* Equity cooperation agreements/formation of joint ventures in relation to residential development projects in Changsha, the PRC