|
BIZCHINA> China Insurance
![]() |
|
Related
Insurance groups must screen risks
By Li Huayu (chinadaily.com.cn)
Updated: 2009-04-16 11:43
China's eight major insurance groups are now required to screen risks concerning solvency, financial status, corporate governance, significant investments and group control, among others, to come up with countermeasures, plus report to the insurance watchdog. The eight groups are: PICC, China Life Insurance (Group) Co, China Reinsurance (Group) Corp, China Insurance Group, Ping An Insurance (Group) Company of China, China Pacific Insurance (Group) Co Ltd, China United Insurance Holding Co and Sunshine Insurance Group Corp Ltd. As of the end of 2008, their combined total assets and net assets were 2.6 trillion yuan and 229.8 billion yuan respectively, accounting for 77.67 percent and 81.85 percent of the industry's total. Their combined original premium income in 2008 amounted to 748.1 billion yuan, making up 76.46 percent of the total. Compared with ordinary insurance companies, group companies have a wider business scope, a longer management chain...... The full text is available in the April Issue of China Insurance. Please visit publications for more subscription details. (For more biz stories, please visit Industries)
|
剑河县| 湘潭市| 景洪市| 阳江市| 芜湖市| 濮阳县| 莆田市| 聂拉木县| 奎屯市| 双流县| 翁牛特旗| 拉萨市| 东城区| 荥阳市| 凤庆县| 定襄县| 钦州市| 灵寿县| 安吉县| 云阳县| 涞水县| 瑞金市| 名山县| 库尔勒市| 富锦市| 衡东县| 丁青县| 崇明县| 鄱阳县| 宜都市| 东源县| 宣威市| 白河县| 类乌齐县| 乐亭县| 砀山县| 广德县| 历史| 鸡泽县| 嫩江县| 山东省|