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China Life dishes up more bad news

China Life attributed the significant deterioration in its performance in the third quarter to the sharp decline in the Shanghai A-Share Stock Price Index which shed almost 15% of its value in the thi…

Hong Kong IPO for China Pacific

China Pacific Insurance, Chinas third-largest life insurer, has been given the go-ahead by the China Securities Regulatory Commission to proceed with an initial public offer (IPO) on the Hong Kong Sto…

Mixed results from China’s insurers

Chinas equity market provided welcome relief for the countrys insurance industry in the first quarter of 2009, with the benchmark Shanghai Composite Index rising 28 percent, compared with a 34 percent…

Enquiry exposes AIG’s house of cards

AIG was a disaster waiting to happen, is the clear message that emerged from a Congressional hearing into its near-bankruptcy However, while AIGs former CEO Hank Greenberg strongly implied that blame …

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