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China Insurance Monthly Report – April 2009
Description:
China Insurance Monthly Report, a monthly English review co-operated by Chinadaily and ResearchInChina, brings you the latest news, policies, analysis and statistics on China's insurance market and much more.
With China Insurance Monthly Report, you can take a close look at the up-to-date market news, detailed government policies, in-depth analysis, statistics, information on the presence and performance of domestic insurance companies and their overseas counterparts.
Contents:
OVERSEAS BULLETIN
- AXA-Minmetals launches new brand campaign
- AIA China to increase sales force by 15%
- ERGO studies JV plan in China
- Sanofi sees acquisition opportunities in China
LATEST EVENTS
- PICC Group reshuffles top management
- Taikang wins major railway annuity manager bids
- Urban pension insurance to cover 223m Chinese by 2010
- China Coal Insurance halts operations for overhaul
- PICC Property says AIG has no intention of selling its shares
- Major Chinese insurers cut high-level investment jobs
- Taikang Life eyes pension business
- Aviation giant signs with several insurers to cut costs/risk
- Sunshine pays out 1m yuan in Shandong bus accident
- Union Life replenishes capital to 1.5b yuan
- Insurance plan encourages investors at midday
- Jiangxi to offer 40m yuan in subsidies to expand farm insurance
- Insurers speed up payment of HFMD claims
- Grieved tourists leave Taiwan after crane crash kills friends
- ABC branch banned from selling insurance products
- AXA-Minmetals Assurance fined for illegal transaction
- Economic census to be monitored
- BoCom aims for insurance, brokerage business
- Chinese insurers to compensate on swine flu
FOCUS on PING AN
- Ping An Insurance 2008 net profit down 94.4%
- Ping An shares soar on upbeat outlook
- Ping An debuts low-rate participating insurance plan
- Ping An promotes kidnap and ransom insurance
- Ping An pays 2m yuan in helicopter crash
- China’s first tort liability insurance product unveiled
- Fortis asset sale may not impact Ping An
NEW PRODUCTS
- Allianz releases two new bancassurance products
- Cathay Life launches new endowment plan
- PICC Property approved to sell vehicle insurance by phone
- Union Life rolls out another new product
- New China Life partners with ABC to promote new product
- Taikang Life announces long-term health product
- Great Wall Life promotes comprehensive insurance for kids
- Travel losses to be reimbursed under new AIU policy
FOCUS on HEALTH CARE REFORM
- China steps up reforms to improve health care
- Health reform to boost economy
- Govt capable to guarantee investment for health care reform
- Plans follow WHO principles
- Businesses ready for health care plan
- The right prescription
- Docs head to hamlets in health care reform
- Rural health care gets cash boost
- Licensing health care
- Economic planning agency to support rural health care reform
CHINESE ECONOMY
- China’s economy to bottom out in mid 2009: WB
- China exports fall at slower pace in March
- China’s foreign reserves hit $1.95 trillion
- China to keep relaxed monetary policy
- Profit squeeze, tax cuts hit Q1 revenue
- Report: Cities grow fastest, but competitiveness still low
- FDI in China declines 20.6% in Q1
- China’s economy ‘better than expected’
- China now 5th largest gold holder
- China moves up competitiveness ranking
- China’s energy intensity down 2.9% in Q1
FROM THE WATCHDOG
- Insurers to fund infrastructure projects
- Guangzhou slashes insurance premiums
- Insurance groups must screen risks
- Executives told to cut their pay
- Injury insurance to cover retirement home tenants
- Banks get go-ahead for insurance arms
- CIRC: Yes to instant payouts, no to misleading
- Shanghai tightens bancassurance supervision
- Hong Kong mulls wider bank deposit insurance cover
ANALYSIS
- Insurance industry feels downward pinch
- New policies to boost insurers’ profits
- Insurers’ investment return up 41%, but still weak
- Pension reforms ‘need to gather pace’
STATISTICS
- China Pacific Insurance net profit down 81% in 2008
- China Pacific Insurance posts loss in Q4
- Huaxia Life’s Q1 earnings surge
- PICC Property 2008 net profit down 98%
- China’s top 3 insurers post mixed Q1 premium income
- Jiangsu tops nationwide in premiums
- China Life premium income grows in Q1
- China’s insurance premium income up 10% in Q1
- Taikang exceeds China Pacific Life in Q1 premiums
- Urban pension insurance covers 220m Chinese
- China Life net profit up 55% in first quarter
- China Reinsurance makes profit in Q1
- China Pacific Insurance Q1 profits shrink 88%
- Insurers hike Q1 stock holdings by 19%
- January-March insurance industry figures
- January-March figures of pension companies
- January-March premiums of life insurance companies
- January-March premiums of property insurance companies
- January-March premium income of all regions
APPENDIX Human rights: China putting its people first
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