Life & Health Insurance
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 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 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 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.
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 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: 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.firstname.lastname@example.org;)).
Prudential Financial CEO John Strangfeld's FY 2016 total compensation $5.3 mln vs $4.84 mln in FY 2015 - SEC filing
Prudential Financial Inc
Standard Life Plc