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Jul
29

CIRC Approves Financial Restructuring of China-based Sun Life Everbright

? China-based Sun Life Everbright Life Insurance announce that China insurance regulators have approved the insurers proposed restructuring. The revamp will result in additional strategic investors buying shares in the joint venture, increasing operating capital. China Everbright…

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Jul
29

FICCI Releases Report Aiming to Improve Healthcare through Insurance

The Federation of Indian Chambers of Commerce and Industry (FICCI) has released the results of the developmental framework to provide high quality healthcare through insurance in a document titled "Health Insurance Report, 2010". Among the recommendations to give a boost to the health insurance sector, the report highlights the need for creating consumer awareness and satisfaction, quality healthcare delivery, improved insurance services, and an increased level of trust between insurers and healthcare providers.

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Jul
29

Ping An Health Insurance Approved to Open Zhejiang Branch

Ping An Health Insurance Company of China, a wholly owned subsidiary of Ping An Insurance (Group) Company of China, has received approval from the China Insurance Regulatory Commission (CIRC) to set up a new branch in Zhejiang province. Earlier this year, Ping An Health Insurance was also given approval by the central Chinese insurance regulator to open a branch in Jiangsu province. With the…

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