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China Insurance News. Service for global professionals. Constantly updated news and information about China.
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Latest China Insurance News

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  • PRESS DIGEST-UPDATE 1- China - Nov 10 10 Nov 2009 02:00 GMT
    ... BEIJING/SHANGHAI, Nov 10 (Reuters) - Chinese newspapers available in Beijing and Shanghai carried the following stories on ... does not vouch for their accuracy. -- China's 109 mutual funds launched so far this ...

  • Chinese IT firm lands in S.F. 10 Nov 2009 05:32 GMT
    ... . of Beijing is expected to pitch tent in San ... Isoftstone here since December. It joins several Chinese solar and biotech companies whose San Francisco ... San Francisco presence has been assisted by ChinaSF in the past year. On the runway, ...

  • Bottom Line: Chinese IT firm opening in S.F. 10 Nov 2009 06:16 GMT
    ... . of Beijing is expected to pitch tent in San ... Isoftstone here since December. It joins several Chinese solar and biotech companies whose San Francisco ... San Francisco presence has been assisted by ChinaSF in the past year. On the runway, ...

  • China seeks its own health reforms 10 Nov 2009 05:11 GMT
    ... The Chinese are also trying to change their health care ... as the United States tries to extend insurance to all, "China is simply attempting to provide a modicum of ...

  • Tokyo stocks rise on Wall St. surge but gains pared before China data+ 10 Nov 2009 06:50 GMT
    ... trading as investors stepped aside to await Chinese industrial output and other key data due the ... consumer finance issues. Major decliners included the insurance, information and communication, and auto sectors. "Tokyo ... being underpriced compared to recent surges in China and other emerging markets, the Tokyo market ...

  • LEAD: Tokyo stocks rise on Wall St. surge but gains pared before China data+ 10 Nov 2009 07:30 GMT
    ... trading as investors secured gains to await Chinese industrial output and other key data due out ... consumer finance issues. Major decliners included the insurance, information and communication, and auto sectors. "Tokyo ... being underpriced compared to recent surges in China and other emerging markets, the Tokyo market ...

  • HK Hot Stocks-China Strategic soars after exec appointment 10 Nov 2009 03:33 GMT
    ... had risen 1.02 percent to 22,434.99. The China Enterprises Index of top locally listed mainland Chinese stocks was up 1.19 percent at 13,476.46. Here ... move: that is buying AIG's Taiwan life insurance group, jumped 84 percent and was the ...

  • Nan Shan Buyer China Strategic Raises Acquisition Funds, Makes New Hires 10 Nov 2009 15:33 GMT
    ... Nan Shan Buyer China Strategic Raises Acquisition Funds, Makes New Hires HONG ... American International Group Inc.'s [18540] Taiwanese life insurance unit, said it plans to raise funds ...

  • China Strategic plans fresh fundraising, hires new executives 10 Nov 2009 05:33 GMT
    ... and new shares and borrowing from banks. China Strategic also said in a statement that it ... will be shifting its focus to life insurance in Taiwan from battery production. Shares in ...

  • InsWeb Leads Monday's AMBG as Global Insurance Index Rises 2.86% 10 Nov 2009 15:36 GMT
    ... The U.S. Insurance Index (AMBUS) closed at 745.47 (+2.31%). Leading ... AMBGR were Korean Reinsurance Co. (-0.94%) and China Taiping Insurance Holdings Co. Ltd. (-0.36%). The Global ...

  • BestWeek Asia/Pacific: Taiwan's Chinatrust Says Bidding for AIG's Nan Shan Was Unfair 10 Nov 2009 14:30 GMT
    ... explores the allegation by Taiwan-based financial conglomerate Chinatrust that the bidding process for AIG's Nan ... is a multimedia online digital newsletter for insurance professionals. The 10 November edition is available ...

  • Taiwan's first micro-insurance policy issued 10 Nov 2009 09:52 GMT
    ... Wang, CNA TAIPEI, Taiwan -- Cathay Life Insurance issued Taiwan's first micro-insurance policy Tuesday with ... serve as a proxy. Subscribe to The China Post and save 25%. ...

  • UPDATE 1-Shares of Nan Shan buyer China Strategic soar 10 Nov 2009 03:00 GMT
    ... KONG, Nov 10 (Reuters) - Shares of China Strategic Holdings ( ), part of the consortium ... of the consortium buying AIG's Taiwan life insurance group for $2.15 billion, soared more than ...

  • AXA targets Asia growth in spite of China snag 10 Nov 2009 15:12 GMT
    ... tighter grip on the region's booming markets and stuck with plans to grow in China despite regulatory obstacles there. The insurance market in Asia is growing faster than Europe and the United States, with Ping ...

  • Nan Shan buyer China Strategic in key hires 10 Nov 2009 02:32 GMT
    ... consortium that is buying AIG's Taiwan life insurance group, said it has hired a former ... Michael Flaherty; Editing by Chris Lewis) Keywords: CHINASTRATEGIC/ +852 2843 6540; If you have a ...


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Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8272
EUR 1 = CNY 10.2210

Hong Kong Dollar:
USD 1 = HKD 7.7500
EUR 1 = HKD 11.6026

Macau Pataca:
USD 1 = MOP 7.9825
EUR 1 = MOP 11.9507

Taiwan Dollar:
USD 1 = TWD 32.3440
EUR 1 = TWD 48.4222

USD 1 = EUR 0.6680
EUR 1 = USD 1.4971

Closing Stocks:
Shanghai A: 3,335.60(0.09%)
Shenzhen A: 1,192.25(0.36%)
Hang Seng: 22,269.75(0.28%)
Taiwan Taiex: 7,593.49(0.75%)

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Nov. 10

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