Latest Medicare Update November 23, 2008 at 07:55 AM

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China Life Insurance to explore investment overseas (Channel NewsAsia) BEIJING:


China Life Insurance to explore investment overseas (Channel NewsAsia)
BEIJING: China's leading life insurance company says it is exploring investment opportunities overseas as it warns of tough times ahead. China Life Insurance says it expects the domestic-A share market to decline further in the second half of the year.

Life insurance premiums in China expand 67% in first 7 months (People's Daily)
Life insurance companies in China, both domestic and foreign-funded, collected 481.89 billion yuan (70.55 billion U.S. dollars) in premiums in the first seven months of this year, up 66.7 percent year-on-year, the China Insurance Regulatory Commission (CIRC) said on Thursday. The growth rate was 2.3 percentage points higher than in the first half alone, it said. In terms of life insurance ...

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