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Discovery Holdings agreed to buy a nearly 25 percent stake in Ping An Insurance's health unit Tuesday, but analysts said Wednesday that the deal would have minimal impact on China's No. 2 insurer. Full Article at People's Daily Online
SOUTH African health insurance firm Discovery Holdings Ltd has bought almost 25 percent of Ping An Health Insurance Co to tap China's fast-expanding market. Full Article at Shanghai Daily
By Aries Poon And J.R. Wu South Africa's largest health-care insurer Discovery Holdings Ltd. will pay less than 900 million rand ($121.5 million) for a nearly quarter stake in Ping An Health Insurance Co. , a unit of China's second-biggest life insurer... Full Article at Wall Street Journal
The deal will also help Ping An Health, the health insurance unit of Ping An Insurance (601318.SS), to boost its product line and improve its risk management structures. Full Article at Times Live South Africa
Dec. 1 (Bloomberg) -- Ping An Insurance (Group) Co. said it plans to sell up to a 24.99 percent stake in its Ping An Health Insurance unit to South Africa’s biggest health insurer, Discovery Holdings. Full Article at Bloomberg.com
Young people concerned about A/H1N1 influenza are taking out insurance against the potentially deadly disease. Ping An Insurance Company of China has introduced a new health insurance policy against A/H1N1. Full Article at People's Daily Online
November 25, 2009 7:01 AM EST -- Industry Synopsis -- Regulatory Ups & Downs -- Opportunities in Retirement Annuities -- Performance Drivers -- A Look at the Offshoring Trend -- Property & Casualty Insurance Market -- Life &... Full Article at Street Insider
The growing number of H1N1 flu cases in the mainland has triggered a rush for insurance products as more and more people are trying to mitigate exposure and health risks. Full Article at People's Daily Online
The insurance market in Asia is growing faster than Europe and the United States, with Ping An Insurance <601318.SS> and China Life <601628.SS> among the top players in the region. Full Article at International Business Times
SYDNEY/HONG KONG (Reuters) - French insurer AXA <AXAF.PA> bid for full control of its majority-owned Asian arm on Monday, seeking a tighter grip on the region's strong growth potential. Full Article at ABC News
SYDNEY/HONG KONG (Reuters) - French insurer AXA (AXAF.PA) bid for full control of its majority-owned Asian arm on Monday, seeking a tighter grip on the region's strong growth potential. Full Article at Reuters
Nov. 9 (Bloomberg) -- The following companies may have unusual price changes in China trading. Stock symbols are in parentheses, and share prices are as of the last close. Full Article at Bloomberg.com
Nov. 5 (Bloomberg) -- China Minsheng Banking Corp. investors include Ping An Insurance (Group) Co. , China Overseas Land & Investment Ltd. , Zijin Mining Group Ltd. , Taiwan supermarket chain RT-Mart and three Hong Kong tycoons, the Standard said,... Full Article at Bloomberg.com
Ping An Insurance Co. of China Ltd. , one of the country's biggest insurers, said yesterday it swung to a profit in the third quarter, rebounding from a loss last year on its ill-fated investment in European bank Fortis NV. Full Article at eTaiwan News
SAN FRANCISCO (MarketWatch) -- Ping An Insurance Group /quotes/comstock/28c!e:601318 (CN:601318 58.99, -0.39, -0.66%) /quotes/comstock/11i!piaif (PIAIF 9.05, -0.07, -0.77%) said Wednesday it swung to a third-quarter profit of 2.58 billion yuan ($3... Full Article at MarketWatch
The Wall Street Journal AsiaSHANGHAI -- Ping An Insurance (Group) Co. of China Ltd. said it swung to a third-quarter net profit of 2.58 billion yuan ($378 million) from a loss of 7.81 billion yuan a year earlier, when it booked an impairment charge on... Full Article at Wall Street Journal
Oct. 27 (Bloomberg) -- Ping An Insurance (Group) Co. , China’s second-largest insurer, posted a profit for the third quarter following an increase in stock-market returns and the absence of investment losses suffered a year earlier. Full Article at Bloomberg.com
HONG KONG (MarketWatch) -- Chinese shares extended gains Monday, with financial stocks such as Industrial & Commercial Bank of China /quotes/comstock/28c!e:601398 (CN:601398 5.22, +0.02, +0.38%) /quotes/comstock/11i!idcbf (IDCBF 0.83, +0.03, +3.75%... Full Article at MarketWatch
HONG KONG -- China's two dominant insurance companies are expected to report positive earnings in the latest quarter due to an upswing in demand for insurance protection and strong gains from investments in the financial markets. Full Article at Forbes
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Peter Ma, Group Chairman and CEO of Ping An Insurance, is seen on a television screen via real-time broadcast in Hong Kong, as he speaks during a news conference in Shanghai August 17, 2009.
View Photo »Louis Cheung, executive director and group president of Ping An Insurance speaks during a news conference in Hong Kong April 9, 2008.
View Photo »Dominic Leung, group chief insurance business officer of Ping An Insurance, speaks during a news conference in Hong Kong April 9, 2008.
View Photo »Ping An Insurance Group Chairman & CEO Peter Ma speaks on a live video broadcast from Shanghai during a news conference in Hong Kong April 9, 2009.
View Photo »Louis Cheung, executive director and group president of Ping An Insurance, speaks during a news conference in Hong Kong April 9, 2008.
View Photo »Dominic Leung, group chief insurance business officer of Ping An Insurance, speaks during a news conference in Hong Kong April 9, 2008.
View Photo »Ping An Insurance Group Chairman & CEO Peter Ma speaks on a live video broadcast from Shanghai during a news conference in Hong Kong April 9,2009.
View Photo »Dominic Leung, group cheif insurance business officer of Ping An Insurance Co. of China Ltd. attends a press conference in Hong Kong Thursday, April 9, 2009. Ping An Insurance said Thursday its 2008 profit plunged 98 percent after a loss on its stake in troubled European bank Fortis NV.
View Photo »Louis Cheung, executive director, group president of Ping An Insurance Co. of China Ltd. attends a press conference in Hong Kong Thursday, April 9, 2009. Ping An Insurance said Thursday its 2008 profit plunged 98 percent after a loss on its stake in troubled European bank Fortis NV.
View Photo »Louis Cheung, executive director and group president of Ping An Insurance speaks during a news conference in Hong Kong April 9, 2008.
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