VFW Demands `Full Disclosure’ of Insurance Companies’ Death-Benefit Profit
A U.S. veterans organization with 2.1 million members is demanding “full disclosure” on death benefits that life insurers retain on behalf of deceased military personnel and invest to boost company returns.
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China insurance profit grows 158% in first four months
Statistics from China Insurance Regulatory Commission (CIRC) shows total profit of insurance companies has increased from 17 billion yuan to 27.8 billion yuan, representing a 158.13 percent growth in the first four months. Life insurance companies estimated an increase of 8.4 billion yuan of total profit to [...]
China Life says 2009 profit up 72 percent
China Life Insurance Co. said Thursday its 2009 profit surged 72 percent as China’s economic rebound boosted stock markets and investment income.
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China Life says 2009 net profit up 72%
BEIJING – China Life Insurance Co, China’s largest insurer, posted 71.8 percent growth in net profit for 2009 on higher investment income, the company said Wednesday.
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