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Life & Health Insurance

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New China Life Insurance sees H1 net profit falling about 50 pct

Friday, 22 Jul 2016 05:22am EDT

New China Life Insurance Co Ltd <601336.SS><1336.HK> :Says it expects H1 net profit to fall about 50 percent y/y versus net profit of 6.75 billion yuan ($1.01 billion).

Health Insurance Innovations appointed Gavin Southwell to serve as president of Co

Wednesday, 20 Jul 2016 04:06pm EDT

Health Insurance Innovations Inc : On July 20, 2016, board of directors appointed Gavin Southwell to serve as president of company .Patrick McNamee's term as president will end on effective date, but McNamee will continue to serve as ceo - sec filing.

Principal Financial says as of June 30, assets under management by asset manager were $382.8 bln for principal global investors

Tuesday, 19 Jul 2016 11:26am EDT

Principal Financial Group Inc: As of June 30, 2016, assets under management by asset manager were $382.8 billion for principal global investors .As of June 30, assets under management by asset manager was $135.8 billion for principal international, other entities of co.

Insurer Storebrand ends engagement of Moody's

Tuesday, 19 Jul 2016 06:02am EDT

: Storebrand asa says due to cost reduction program, storebrand has initiated a process targeting to end engagement of Moodys . Storebrand asa says S&P global will continue to cover all funding identities, programs and issues in group where credit rating is or will be desired Further company coverage: [STB.OL] (Reporting By Stine Jacobsen) ((stine.jacobsen@thomsonreuters.com;)).

NN Group to sell Mandema & Partners to Van Lanschot Chabot

Monday, 18 Jul 2016 02:39am EDT

NN Group NV : Transaction is not expected to have a material impact on the capital position and operating result of NN Group . To sell Mandema & Partners to Van Lanschot Chabot .Transaction is expected to close in the fourth quarter of 2016.

India's ICICI Prudential Life Insurance files for IPO

Monday, 18 Jul 2016 01:16am EDT

ICICI Prudential Life Insurance Co Ltd : India's ICICI Prudential Life Insurance files for initial public offering . IPO includes public offer of up to about 181.3 million equity shares . Equity shares proposed to be listed on BSE and NSE . Bofa Merrill Lynch, ICICI Securities, CLSA India, Deutsche Equities India, Edelweiss Financial global co-ordinators, book running lead managers . Further company coverage [ICIR.NS] ((Bengaluru Newsroom; +91 80 6749 1130)).

India's ICICI Prudential Life Insurance files for IPO

Monday, 18 Jul 2016 01:16am EDT

ICICI Prudential Life Insurance Co Ltd : India's ICICI Prudential Life Insurance files for initial public offering . IPO includes public offer of up to about 181.3 million equity shares . Equity shares proposed to be listed on BSE and NSE . Bofa Merrill Lynch, ICICI Securities, CLSA India, Deutsche Equities India, Edelweiss Financial global co-ordinators, book running lead managers . Further company coverage [ICIR.NS] ((Bengaluru Newsroom; +91 80 6749 1130)).

Torchmark's subsidiaries sell their drug plan contracts

Friday, 15 Jul 2016 05:37pm EDT

Torchmark Corp : Effective July 1, United American Insurance and First United American Life Insurance sold their medicare part D prescription drug plan contracts .Torchmark Corp says purchase price will be based on the number of enrollees in the plans as of January 1, 2017.

China Fortune Land unit to buy stake in Hebei estate co for 618 mln yuan

Thursday, 14 Jul 2016 10:40pm EDT

China Fortune Land Co., Ltd. <600340.SS>: Says its unit will acquire 41.7 percent stake in a Hebei real estate development co, from Ping An Trust Co., Ltd. .Says transaction amount is 618 million yuan.

China Pacific Insurance says HY gross premium income of China Pacific Life Insurance was RMB82.23 bln<601601.SS>

Thursday, 14 Jul 2016 05:23am EDT

China Pacific Insurance Group Co Ltd <601601.SS>: Gross premium income of China Pacific life insurance for the period between 1 January 2016 and 30 June 2016 were RMB82.234 billion .

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