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Great Pacific Life Corp. (Grepalife) has expressed optimism its gross premium income will increase to P4 billion in 2010 from this year’s estimated P2.4 billion. “This year, we will be achieving around 30 percent growth compared to 2008. Our target by...
Tags: life insurance, Grepalife, premium income, Philippines, Manila, Finance, Business Finance, Insurance, Types of insurance
This growth in premium income includes new business as well as renewals, driven by increasing awareness on the value of getting insured. "Despite a slowdown in the economy, the life insurance industry has continued to grow as policy-holders are realising...
Tags: life insured, Life Insurance Council, insured industry, insured council, total premium, renewals premium, premium income, insured companies, India, Mumbai, Life Insurance Corporation of India, Union budget of India, Central Bank of India, Finance, Insurance, Life insurance, Business Finance, Social Issues
Standard Life Principal Officer and Executive Director Paresh Paranis attributed the negative growth to economic downturn that dampened the people's interest towards a long-term investment. ''They were largely concerned about short-term investment in...
Tags: premium income, HDFC Standard Life, United Kingdom, London, Economy of India, Life insurance, Axis Bank, HDFC Bank, BSE Sensex, Housing Development Finance Corporation, Housing in India, Business Finance, Finance, Insurance, Embedded value
The regulator also said that it would take opinion of the market players on the issue. The regulator is also mulling over banning an issue of warrants to promoters who have defaulted on their commitments to exercise their right to convert them. Sebi took...
Tags: Jai Corp Ltd, life insurers, Sebi, trillion rupees, premium income
The state-controlled group said it would use the proceeds of the share sale to expand its business. Chinese house prices rose in June for the first time in seven months. Shanghai Stock Exchange, but it has yet to give a date for the share issue.
Tags: China Life Insurance, billion yuan, premium income, bln yuan, U.S, Beijing
Baidu Inc, the world's largest Chinese-language search engine, said on Thursday that its profit in 2008 doubled to 1.09 billion yuan, driven by the increasing number of Internet users in China. It posted operating revenue of 3.19 billion yuan in 2008,...
Tags: billion yuan, Baidu Inc, premium income, China
Future Generali, the joint venture with the Italian insurance giant Generali, is expecting to touch a premium income of about Rs.10 billion by 2010, a senior official said on Wednesday. Future Generali is the insurance joint venture between Future Group...
The National Bureau of Statistics says China's major industrial firms reported over 2.4 trillion yuan, or nearly 354 billion US dollars in profits in the first 11 months of this year. The growth in volume is up 4.9 percent over the same period last year.
Tags: China´, billion yuan, premium income
The Beijing-based insurer lost 4.12 percent to 32.8 yuan ($4.68) on the Shanghai market yesterday. Its Hong Kong-traded shares slid 1.63 percent to HK$33.25 ($4.27). China Life's net investment income declined 10 percent to 15.1 billion yuan in the first...
Tags: billion yuan, China Life, premium income
Chennai, April 17 : The country's first stand-alone health insurer, Star Health and Allied Insurance Company Ltd, is targeting to double its premium base to Rs.3.5 billion this fiscal year (FY), a top company official said...Jagannathan, chairman and...
Tags: insurance company, Star Health, premium income, allied insurance