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Life & Health Insurance

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China Life Insurance proposed to enter into new agreement with China Life Investment

Thursday, 23 Mar 2017 07:45am EDT

China Life Insurance Co Ltd <601628.SS>: Company proposed to enter into new agreement with China Life Investment (CLI) . CLI will continue to invest and manage assets entrusted to it by company, on a discretionary basis .New agreement (upon obtaining approval) will take effect from 1 Jan 2017 retrospectively & will remain effective until 31 Dec 2018.

China Life Insurance reports FY net profit of RMB19.13 bln vs RMB34.70 bln

Thursday, 23 Mar 2017 06:59am EDT

China Life Insurance Co Ltd <601628.SS>: Fy net profit attributable to equity holders of company RMB19.13 billion versus RMB34.70 billion . Final dividend of RMB0.24 (inclusive of tax) per ordinary share .FY net premiums earned RMB426.23 billion versus RMB362.30 billion.

Ping An Insurance to pay annual div as 0.55 yuan/share for FY 2016

Thursday, 23 Mar 2017 06:43am EDT

Ping An Insurance Group Co of China Ltd <601318.SS> :Says it will pay annual cash dividend as 0.55 yuan(pre-tax)/share to shareholders for FY 2016.

China Taiping Insurance posts FY Net profit HK$4.77 billion

Thursday, 23 Mar 2017 12:03am EDT

China Taiping Insurance Holdings Co Ltd <0966.HK> : Fy total premium reached HK$149.3 billion, increased by 7.8 pct over the last year . Fy net profit attributable to the owners HK$4.77 billion versus HK$6.34 billion .Final dividend proposed at 10 HK cents per share.

Coronation Asset Management discloses 3.84 pct voting rights in Old Mutual - filing

Wednesday, 22 Mar 2017 11:30am EDT

Regulatory filing:Coronation asset management discloses 3.84 pct of voting rights in Old Mutual Plc on March 22 versus 4.98 percent as at Dec. 12 2016 - regulatory filing.

Ping An Insurance posts FY pofit of RMB62,394 mln vs RMB54,203 mln

Wednesday, 22 Mar 2017 06:24am EDT

Ping An Insurance Group Co Of China Ltd <601318.SS> : Fy net profit attributable to shareholders of parent company RMB62,394 million versus RMB54,203 million . Fy total income RMB774,488 million versus RMB693,220 million . It is expected that company will maintain steady growth in its performance in 2017 ."proposed to distribute 2016 final dividend of rmb0.55 (tax inclusive) per share in cash".

Moody's says UK insurers' asset management firms set to capitalize on pensions expertise

Wednesday, 22 Mar 2017 02:21am EDT

Moody's: UK insurers' asset management firms set to capitalize on pensions expertise . Higher dependence on asset management revenues will increase UK insurers' exposure to tough conditions in the asset management industry, . Believes insurers and fund managers in UK are increasingly competing for same pool of assets and leading to cost convergence in some cases Source http://bit.ly/2nI0dft ((Bangalore.newsroom@thomsonreuters.com;)).

Prudential Financial CEO John Strangfeld's FY 2016 total compensation $5.3 mln vs $4.84 mln in FY 2015 - SEC filing

Tuesday, 21 Mar 2017 04:38pm EDT

Prudential Financial Inc :CEO John Strangfeld's FY 2016 total compensation was $5.3 million versus $4.84 million in FY 2015 - SEC filing.

Standard Life updates on post-merger co-CEO roles

Monday, 20 Mar 2017 08:15am EDT

Standard Life Plc : Proposed all-share merger:Post-Merger Co-CEO Roles . Post-Merger approach to organisational design and allocation of responsibilities between co-chief executives is being communicated . As co-ceos, Keith Skeoch and Martin Gilbert will share responsibility for core aspects of role such as executive committee . Keith Skeoch will have individual accountability for day to day running of fabric of combined business . Martin Gilbert will have individual accountability for external matters including responsibility for international activities . Keith and Martin will have joint accountability for communications and post-merger integration programme. . Both companies expect to make further announcements regarding composition of proposed executive management teams in due course .All relevant appointments are subject to regulatory approval..

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