? China’s insurance

Forbes announced in 2008 “list of China’s leading enterprises,” China’s first peace

2008年8月12日 | 16:45分类：Insurance | 624 views
Yesterday, the Chinese edition of Forbes announced the 2008 “China’s top enterprises list.” In its investigation of the 2007 annual sales of more than 3 billion yuan, the main business in the Mainland of China non-state-owned enterprises

, Ping An of China, Legend Holdings and Rizhao Iron and Steel points out the top three.

Liu Ruiming system Bangren said that this year into the list of 100 enterprises in 2007 the average total assets of 40.5 billion yuan, nearly double last year’s average sales of 19.6 billion yuan, increased 46 percent over last year; average profit amounted to 17 Billion, increased 73 percent over last year. This shows that the selected enterprises in the size of a substantial upgrade at the same time, growth has significantly increased. From the industry, the steel and real estate enterprises still occupy an important seat, many textile enterprises out a heavy heart, and farming and animal husbandry products processing enterprises and the number of the list are increased substantially.

Official said, the scope of the survey is the 2007 annual sales of more than 3 billion yuan, the main business in the Mainland of China non-state-owned enterprises. According to Forbes the candidate enterprises in the three years 2005-2007 the rate of return targets, indicators of growth and profitability of the weighted index, and in accordance with enterprises over the past three years to adjust the scale of the sale in order to arrive at this position.

According to Forbes statistics, the rankings of China’s Ping’an 2007 sales of 165.2 billion yuan, sales growth in three years, the weighted average of 75 percent, profit growth rate of three-year weighted average of 128 percent.
 
 
    Jinghua Shibao

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U.S. Out of the loan-to-crisis-affected China’s export credit insurance claims surge in volume

2008年8月12日 | 16:44分类：Insurance | 647 views
“The United States, loan-to-crisis on the impact of China’s insurance sector is gradually appear, the first export credit insurance market.” China Export Credit Insurance Company (hereinafter referred to as the “Sinosure”) Shanghai Branch Assistant General Manager Lu Dong in a recent interview with this reporter , As the largest U.S. suppliers, many Chinese export companies increasingly felt the United States importers of potential payments crisis.

Credit insurance claims surge in volume

“The United States, loan-to-crisis, the receivables of China’s export enterprises waiting time than before to increase significantly. Shouhui safety of China’s export enterprises are under serious threat.” Lu Dong said in the interview.

Export Credit Insurance is the insurer of enterprises in the export trade, foreign investment and foreign project contracting and other economic activities of the legitimate rights and interests of the protection provided Shouhui a special risk insurance. Lu Dong analysis that because banks have to tighten the money supply, or even ask prepayments, U.S. companies linked funds face the risk of fracture, only through the way in arrears, to shift the risks of Chinese enterprises.

“Delinquency cases reported loss of 84 per cent of the total amount, the buyer has become the default risk of lead Shouhui the main reason.” Lu Dong told reporters that the letter from the first half of this year China-Shanghai Branch of the claims in the case, the loan-to - The impact of the crisis occupy a considerable proportion.

Data show that the first half of 2008, Sinosure across the country received a total export credit insurance claims reported 936 cases, the amount of 234 million U.S. dollars, an increase of 108 percent. The United States reported 202 cases of loss, an increase of 31.2 percent, reported losses of 105 million U.S. dollars, an increase of 235.6 percent, accounting for the total amount of loss was 44.8 percent.

Shanghai an international trading company as an example, the company’s accounts receivable owed the buyer because the United States, to the Chinese claims of the ECIC 1.48 million U.S. dollars, the case is under investigation in the approved.

At the same time, the import trade agency, also facing more domestic enterprises pay credit risk. Lu Dong said, because the domestic implementation of tight monetary policy, the lower reaches of corporate funds generally tight, some private enterprises, small and medium enterprises have emerged funds strand breaks crisis. With domestic sales of imported products in the correction cycle lengthened, the risk increases, Sinosure has received more than 1,000 million in domestic trade may risk the loss of major reports.

Enthusiasm of the marked increase in insurance

Global credit risk environment deteriorating, more and more Chinese enterprises realize that the purchase of credit insurance for risk control and the importance of financial security.

Lu Dong analysts pointed out that the first half of 2008, despite the substantial increase in export costs, but the enthusiasm of Chinese insurance companies increased significantly.

Bao letter from China Shanghai Branch to provide data, the top ten insurance policy holders increased by 25.76 percent year-on-year rates. Analysis of data from the underwriting industry, textile exports rose 29.02 percent insured amount (and textile exports increased by only 7.66 percent year-on-year).

“In general, each country’s export credit insurance policy by the insurance companies assume. Sinosure is engaged in policy-oriented export credit insurance business of the wholly state-owned insurance companies.” Lu Dong told reporters that his main task is to: Based on the country’s diplomacy, Foreign trade, industrial, financial, monetary and other policies, export insurance policy through the means to support the goods, technologies and services exports, especially high-tech, value-added mechanical and electronic products, such as the large capital goods exports, and actively explore overseas markets, providing Shouhui protect and promote the healthy development of the national economy.

Data show that China’s export credit insurance underwriting operations from the 2002 amount of 2.7 billion U.S. dollars in 2007 to 37.3 billion U.S. dollars, up 12.8 times the average annual growth rate of nearly 70 percent, total support of foreign trade and investment 1121.7 100 million U.S. dollars. Credit Insurance in Shanghai’s foreign trade from 2002 to support the scale of the 150 million U.S. dollars to the rapid growth in 2007 of 3.47 billion U.S. dollars.

According to Lu Dong, in line with China’s expanding domestic demand and promote consumption, foreign trade structure adjustment of the policy changes, China launched a letter-domestic trade credit insurance, for Chinese enterprises to provide domestic trade credit risk risk management services.

In addition, to ease the tension in the Chinese capital enterprises, the company can credit insurance policies under the financing channels for enterprises to provide financing facilities.

    People’s Network - International Finance News / Zhang Ying

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China and Thailand successfully entered the People’s Insurance Trust investment trust industry enter the curve

2008年8月12日 | 16:43分类：Insurance | 1,054 views
China and Thailand issued the trust of the Department of Qide, revealed to reporters a few days ago, China and China Wen Investment Holdings Limited (China Wen Holdings) held by China and Thailand have all transfer of shares of the Trust Zhiren-Investment Holdings Limited (PICC investment) name. This indicates that people-successful investment into China and Thailand trust, the trust entered the field.

The end of last year, with China-equity bidders in the loss of human security will be unable to invest in the Thai Trust Resumption of the capsule. Recently, the People’s Insurance investment, Wen finally scored holding 55 percent stake, and through Quxianjiuguo strategy, enter the trust estate.

Snatch the “shareholders” -

  This reporter has learned that China and Thailand on the equity stake in the trust dispute, starts at the end of last year organized by the Shanghai auction house stake in the auction. At the meeting, Wah Tung International Investment Group Co., Ltd. (China-) auction held by China and Thailand 1.6 percent stake in the trust. Wen, holding, joint-investment, investment and the Shanghai People’s Insurance card four major investment enterprises to participate in the bidding. Ultimately, China-China and Thailand held the stake in the trust, Wen was holding to 27.2 million yuan taken. Wen, China and Thailand holding the Trust’s shareholdings to 31.58 percent, while investment and people-”long-coveted” Sino-Thai shares lost trust.

Today, the People’s Insurance investment into mixed operations to speed up the field. June 24 evening, the media, Wen announced that China Wen holding a substantial progress in restructuring, equity and capital to change: Wen, holding the registered capital from 398 million yuan to 1.2 billion yuan. People’s Insurance investment, Wen will hold controlling 55 percent stake and become the controlling shareholder.

“Xinhua Wen dispute” after the dust has settled, Wen, holding a minority shareholder - the ultimate out-of investment.

“Last year was the end of the auction before, Wen Holdings and New Harbour Service (600,638, stock it) home buyers are holding in the Thai Trust 29.97 percent stake in the shareholding-20 per cent. Now, the 20 - Percent stake in PICC has been to the investment, together with Wen, holding a 31.58 percent stake in the New Harbour Service home buyers and holders of the 29.97 percent stake, the People’s Insurance Trust investment into China and Thailand, have complete control over it. “China Trust an official said.

China and Thailand are suffering from “Yingshang”

In fact, China and Thailand trust has its own “difficulties.” “China and Thailand are pressing to restructure the trust, and it was the ‘Yingshang’ to do with, in March this year, China and Thailand were involved in the Shanghai social security trust fund case, the incident in Thailand against the big.” Trust industry veteran Analysts cite Gong Tang told reporters raises the reasons.

     Reporter was informed that on March 26 this year, the Shanghai First Intermediate People’s Court held a hearing, heard of involving 150 million yuan loan contract disputes, China and Thailand as a trust of which the defendant was involved in, mainly due to a number of groups-WEN Charged for investment in the Shanghai social security fund.

Gong said Deng Ju, Shanghai Electric and China and Thailand had signed a 200 million yuan trust of the loan agreements, entrusted to the form of loans granted to home buyers New Harbour Service Group, the contract period of one year, Wen Holdings and Sino-Thai Trust provided the funds for all Related security. But trust contract expired, New Harbour Service could not be debt repayment. After several consultations, China and Thailand through the New Harbour Service Trust to repay a 50 million yuan the plaintiff, but another 150 million until the court has yet to repay.

“China and Thailand trust heavier debt owed to the Shanghai Electric of 150 million yuan must bear. So definitely has to reorganize and increase their equity.” He said.

  According to informed sources, that the current People’s Insurance investment through borrowings, to hear Holdings, also the first part of China and Thailand trust debt.

Eyes trust company licence

However, the People’s Insurance Trust investment into China and Thailand, the outside world that China and Thailand in line with the original reorganization of the Trust shareholders in financial institutions must be involved in the request. “Although the trust because in many areas than other agencies have an advantage, but in product marketing is very restricted. If we can introduce the relevant financial institutions, can make up for shortcomings in this regard.” Southwest University of Finance Trust and financial management, senior analyst at the Institute Chen Wei told reporters.

He said that if China and Thailand trust is really the lack of funding and replenishment of the debt, financial institutions is a better choice. Because in general, the financial institution’s cash flow are relatively abundant, especially the insurance institutions.

For example, he said, Bank of Communications (601,328, stock it) into Lake Bei Guotou silver cross set up after the letter, the business has been greatly improved. Financial institutions to become shareholders of the trust’s development, it is a good thing.

People’s Insurance coveted investment trust has long been in Thailand. Tang cited work that is valuable in its eyes to the trust licence. For this view, Chen Wei agreed. He said: “People’s Insurance may consider a number of factors, but I think the more important point is a trust company licence. A lot of money in insurance companies everywhere find a way out, but China and Thailand trust holding 48 percent of the Dacheng Fund Shares, the People’s Insurance solutions, platform. ”

    People’s Network - International Finance News / Pan Jie

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Self-insurance protection of IPR protection the interests of consumers

2008年8月11日 | 17:08分类：Insurance | 846 views
Recently, the China Insurance Regulatory Commission Chairman Wu Dingfu in the insurance trade associations and the Insurance Institute study that the industry associations of the most important task is to safeguard their rights and self-discipline, we must make great efforts to protect insurance consumers.

     In recent years, with depth development of the insurance industry, insurance interests of consumers by relevant departments of attention. In mid-July a national conference on insurance supervision, Wu stressed on insurance to protect the interests of consumers as the fundamental purpose of insurance supervision.

     Wu pointed out that insurance organizations to the development of the insurance industry in which a new stage of reform, the new starting point for a comprehensive understanding, it is necessary to unify thinking and change their concepts, and strive to create a new situation in the insurance community work. To enhance the sense of responsibility, from the perspective of the overall increase on the insurance status and role of community awareness. Accordance with the laws of the market economy to insurance societies work.

     In this research, Wu Dingfu request, the insurance trade associations and the Insurance Institute to further enhance the service capabilities, coordination and ability to innovate, full implementation of self-discipline, and safeguard their rights, services, communication functions and promote the development of the insurance industry又好fast.

Shanghai Securities News

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Awareness of insurance is always lagging behind the pace of growth

2008年8月11日 | 17:03分类：Insurance | 622 views
Shanghai Insurance Association released the figures: in 2008 the first half of Shanghai’s life insurance market premium income to 26.652 billion yuan, an increase of 59.36 percent. This shows that the insurance market in Shanghai this year since the density and depth than last year, another welcome development.
 
But in premium growth, a phenomenon has had to face up to. Ask friends and family around whether to buy insurance, unanimous: buy. But then ask: what to buy » What use to send » Testimonials was speechless, and could not answer.

Bought the same product, but I do not know what products to buy, what to use to send » In addition to insurance, I am afraid not find other similar product has. Why the premium increase year after year, have bought insurance but I do not know what to buy insurance are also growing? »

In fact, whether Chengxinruyi buy insurance, premium growth and no need to contact. From the insurance penetration in the not find the reasons for the increased risks of the society, many people really need to buy insurance to reduce their own risk, but because of a lack of knowledge of insurance constraints, the misconception that as long as the buying of insurance products, to What risk can be compensable. In fact, not. For example, three homes, reasonably should first pillar of the family to buy insurance products. But the reality is that most homes are set an initial three kids to buy insurance. And direct the drawbacks is that if the family pillar of risk faced, three homes will be difficult to resist the risk of loss. Also, young white-collar workers should be most in need of serious illness insurance, investment insurance but Di Buzhu the temptation to return the money Zajin them, expect a night暴富. The results, a year on a certain day, suffering from serious illness, but unable to fully heal, a dilemma of life, the dignity of life immediately put to severe tests. Similar situation is not alarmist, when buying insurance products, we must first of all to clear to whom to buy, what to buy the insurance, after buying what families or individuals can bring any benefits. Asked why after more than a few, select the most suitable for their own insurance products, will be able to prevent risks.

Of course, insurance companies have the clear responsibility. Judging from the current insurance market, insurance products, the homogenization of uniformity is a common phenomenon. As long as the market launch a profitable insurance products, rallied together on a number of insurance companies to follow, but the personality of insurance products is extremely rare. As insurance products homogenization of the insurance market has become a Jianguaibuguai even grown accustomed to the phenomenon, therefore, left to the people’s choice increasingly Bize. As for what people really need insurance, different family, different sectors of the people, what to buy appropriate insurance products, it was not considered by the insurance companies. Such an artificial market-oriented, is perhaps the public Hulihutu one of the reasons for buying insurance.

This concept is, the premium increase year after year, this is the development of the insurance market trends. However, the premise must have two: First, the public in as much as possible to grasp more knowledge of some insurance, the purchase of insurance products to “look at tailor dishes to eat.” Second, many insurance companies to develop insurance products vary from person to person, as much as possible targeted marketing. So, year after year raising public awareness of insurance on the basis of the purchase of insurance products do know this very well, the market will be orderly development of the premium increase year after year is that of the Shida Shi.

Oriental Morning Post

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The second accident insurance claims last business centre

2008年8月11日 | 16:59分类：Insurance | 362 views
– Yesterday, the city second accident insurance claim - loss of motor vehicle accident insurance claims Junda service center in the eastern section of Ring Road No. 548 official business. Opening soon, there is a minor traffic accident claims to the party handled the accident.

This reporter has learned that the first accident insurance claim - loss of motor vehicle accident insurance claims Bonaventure service centres since August 1 since the establishment of the average daily handle cases from around 80. In order to better facilitate the traffic accidents in consultation with their own parties, municipal insurance trade associations yesterday reminded owners, the centre will not be accepted unilateral accident claims, at the same time, some incidents against one of the parties to the parties to claims handled the situation, relevant departments will Do not hold with that party’s responsibility.

“At present the main problems is that some people just blindly on a traffic accident rushed to claims processing center, and another some people are reluctant to claim centre to deal with.” Yesterday, the secretary general of the Association in the insurance industry Du said to reporters before , The existence of these problems is the main reason for the parties to the relevant provisions of claims do not quite understand. In accordance with the “Ningbo City, loss of motor vehicle minor traffic accidents in consultation with the implementation of its own way”, the following six kinds of claims is not in the service of: motor vehicle without grades, without passing inspection signs, without reference to signs of strong risk insurance; drivers Motor vehicle without a valid driver’s license; driving people to drink, take control of the country of narcotic drugs or psychotropic substances; parties unable to move the vehicle collision buildings, public facilities or other facilities and caused the loss and found the other party is deliberately crash Or a false licence, suspected of perjury. The collision buildings, public facilities or other facilities and damage caused by a unilateral accident, the claims center will not be accepted. However, the situation in the past week, due to such reasons, went to the accident claims processing center a few parties.

In the specific process, the parties also appears the accident did not meet one of the parties, not to claims processing centres or delay compensation matters, the other party to the settlement of the trouble. These do not meet the main parties is not responsible for Fangqie there was no loss of the larger. In response, Du said before, no one to the other party to the police report. The traffic police notification, such as the one in agreement within the time rushed to claims processing center, according to the normal handling of traffic accidents, such as the urging of the traffic police have not yet appeared, according to escape traffic accident.

In addition, in this time period from 8:30-17:30 minor traffic accidents, traffic police reported the parties or the insurance company can handle, can also record each other’s mutual information such as driving No., ID cards, the two sides After signing the next day to claim centres.

The reporters also understand that the loss of motor vehicle accident insurance claims Bonaventure Although the business service center only a week, but has a “cattle” soliciting repair of motor vehicles phenomenon. Yong’an, deputy general insurance Zhang Bo Jiang said that the insurance companies just give a party for compensation for damage repair costs 1,500 yuan, there is “cattle” that can be approached with the parties to a car repair shop, as long as 1,200 yuan will be spent to fix cars.

In response, the city reminded the parties to the insurance trade associations, insurance companies, the loss of the vehicles are basically the accurate calculation, not a larger bias, and “cattle” on the roadside car repair share is likely to cut corners, not After the repair the car durability. Therefore, the parties for car repairs, claims to be the designated maintenance center, or 4 S stores.

Ningbo, China Network

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Loss of vehicle insurance market leader facing a “test”

2008年8月11日 | 16:54分类：Insurance, auto insurance | 486 views
This year, all property insurance companies are to live in torment. Because of intense market competition, individual insurance companies to Qiangdi Pan desperately expansion, the high cost of comprehensive, and this year’s frequent natural disasters, aggravated the solvency of the insurance industry decline.

January to May this year, the yield insurance payment rate has continued to move up the simple, three of them five months simple payment rate higher than the same period last year 4.8,6.0 and 7.1 percentage points. In particular, the growth rate decline in premium income, the payment rate boost. To make matters worse, the past-risk business losses can be offset by investment income, but this year the stock and other financial market downturn, but also to insurance companies has brought more pressure.

In addition, as the sluggish auto market, insurance companies, the auto insurance business is in trouble. Such as Nanjing, a 4 S store sales the first half of the car less than the same period last year by more than a third, selling fewer cars, motor sales are down naturally.

June 30 this year, due to lack of solvency, the land of General Insurance became the first notification was the target of the China Insurance Regulatory Commission, in Shanghai, Jiangsu, Zhejiang, Jiangxi provinces and cities, such as five-vehicle insurance business was suspended. This is almost the earth General Insurance business best five provinces and cities, rather than vehicle insurance business in the land of General Insurance business accounted for 30% of the China Insurance Regulatory Commission to punish the earth General Insurance has brought great pressure. As Chinese-funded property insurance companies are motor started, in order to market competition, a great start on price, not only their own cause higher operating costs, but also caused the market to vicious competition, the service level is not high. In fact, China’s major property insurance companies scale of the problem is not the problem, but there are international standards and technical content are too little risk. In Shanghai, Jiangsu, Shenzhen, Guangzhou-insurance market, the premium more profitable cargo insurance business mostly by foreign companies have, many companies in market share does not seem small, but high operating costs, more redundant, leading to The actual rate of return far less foreign investment Chanxiangongsi.

Mainland Chinese and foreign property insurance companies are currently 43, of which foreign investment Chanxiangongsi 15. The PICC Property & Casualty, Taibao-risk insurance, Ping An Property & Casualty, and other five major property insurance companies about the market share of] insurance, PICC Property & Casualty and Ping An Property & Casualty have a loss, comprehensive cost rate reached 102 %.

Recently, the China Insurance Regulatory Commission members made it clear that the next phase of the China Insurance Regulatory Commission is to focus on monitoring the market for auto insurance to Kit, standardizing market order Property & Casualty, in accordance with the law strictly punish illegal acts. Meanwhile, in order to regulate auto insurance market, Jiangsu will be devoted to set up a “standard auto insurance market inspection team.” The industry, as the auto insurance and property insurance premium income accounted for about 70 percent, vehicle insurance regulators begin rectifying the market, perhaps since the establishment of the China Insurance Regulatory Commission efforts to move the largest one. However, the rectification may be able to regulate auto insurance market to stop the vicious competition and better promote its development, but the effect remains to be seen. (Wu Xue-an)

China Securities News

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Insurance Industry: Chinese earthquake relief concentric

2008年5月19日 | 14:07分类：Insurance | 5,745 views
Ping An Annuity for 10 hours

The first single payment earthquake

From then made a report to the final payment, within a short span of 10 hours, Ping An Endowment Wenchuan completed the first since the earthquake-claims. May 15 evening 6 pm, China Ping An will be the first single endowment insurance claims 60,000 yuan served on the victims, the families of the hands of Deyang in Sichuan.

As at 12:00 on May 16, Ping An of China’s middle class insurance, life insurance, endowment insurance cumulative total to 787 since the report has to pay 293,400 yuan compensation, estimated the total compensation 3062900 yuan, the deceased, 48, the disabled , 18. Since the earthquake occurred to at 15:00 on May 16, China Ping An injured person call center received 337 reports loss, which killed 75; property damage reported 277 cases; loss reported 314 vehicles, 928 Total report, “5 12 “earthquake-related telephone connected to the total 26.6 Wantong.

Taiping Insurance paid 90 minutes

Secondary school students killed

May 16, Taiping Insurance branch in Sichuan received a report, only an hour and a half, put in “12″ earthquake in a secondary source of the dead students-the 30,000 yuan compensation to the families of their hands . This is also the source-secondary students families of the victims received the first tranche of compensation.

It is understood that this was 15-year-old father of the dead students at the April 9, 2008 in the Sichuan branch of peace insurance for the whole family four people insured by the insured amount of 120,000 yuan, “Quan Jiafu comprehensive accident insurance.” Insuring only over one month, students have died in natural disasters, a source of secondary schools-more than 400 victims of a student. May 16 afternoon, the family of the deceased to the Taiping Insurance Dujiangyan in Sichuan branch offices located in the city centre of the rescue victims at the scene, the report claims services, the Sichuan branch of peace insurance claims services immediately start the green channel. In 90 minutes, Taiping Insurance deputy general manager of the Sichuan branch Qiao and his entourage will be 30,000 yuan compensation to the families of the deceased hands, and the family of the deceased sent to the company’s condolences.

Tai Ping Life Insurance launched

Earthquake orphans special insurance

May 16, Taiping Life Insurance Company Limited announced the introduction of the earthquake orphans for special product development and design of public welfare “Taiping Pension Insurance education excellence watch.” This is the catastrophe occurred after China’s insurance industry’s first special relief catastrophe insurance products. Love can this public service through the purchase of products, for the earthquake orphans provide long-term love one-on-one assistance.

According to reports, the disaster insurance to protect the future education of orphans as the starting point, each of education in the pension security of orphans in six years to 14 years old, 200 yuan each year to provide primary education annuity, can be used to pay for their elementary, middle stage of compulsory education Tuition and fees; under the age of 15 to 17 years of age, 1,000 yuan each year to provide high school education annuity, can be used to pay for their high school tuition over 18 years of age can get 5,000 yuan of one-time become insurance, can be used for further studies or career development started .

Hainiu Life launched

“512 mutual assistance fund”

May 14, the Haier New York Life employees and agents to initiate the establishment of an “512 mutual assistance fund” to the call. The fund aims to help all in the Sichuan region affected by the earthquake disaster company employees, agents and their families, and funding in the disaster victims, and so on. In less than a day’s time, the event has raised over 100,000 yuan of donations, contributions are still in progress.

Taiping Insurance volunteers

Rescue teams rushed to the disaster areas

Earthquake relief in the first line, running in a special delivery of supplies, sent the wounded private car fleet - that is at peace insurance from the Sichuan branch of party members and youth league members take the lead in the formation of young volunteer rescue team.

As of now, young volunteer rescue team has Dujiangyan, Mianyang, Deyang, a disaster area transporting water, dry rations, tents, etc. batch of relief materials, the company raised the second batch of relief supplies are en route.

     China’s insurance reported

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The insurance industry love action as the list of donors

2008年5月19日 | 14:06分类：Insurance | 1,158 views
Sichuan insurance industry

Donated a total of 202 million yuan

Jiangsu insurance industry

4.5 million donations to the disaster areas in Hubei enthusiastic Environmental and Social Insurance

According to incomplete statistics, as of May 15 afternoon, the Sichuan branch of the insurance companies contribute money and materials worth a total of 202 million yuan.

Insurance Industry Association of Sichuan Province, Sichuan Province to the Insurance Institute of units on behalf of all contributions 1 million, two Secretariat staff of 32 people voluntary contributions to 5,700 yuan, 25,700 yuan of total contributions.

Jiangsu insurance industry

4.5 million donations to the disaster areas

Jiangsu Baojian Ju called on the insurance industry to “offer love sending warmth” contributions activities, the province’s insurance industry responded positively to the staff of cadres. May 16, Jiangsu insurance industry contributions to 4.5 million yuan to disaster areas. Jiangsu Pacific Life Insurance for earthquake relief teams to provide the total amount of 47.46 million yuan of security protection.

Hubei enthusiastic Environmental and Social Insurance

After the earthquake, Hubei positive input to the insurance companies in earthquake relief.

In all state insurance Hubei branch on May 13 at the morning meeting, less than 100 people in line after one hour of staff on the contributions of 20,000 yuan, as at 14, all state insurance contributions have reached more than 60 million. 15, the Hubei Branch of Ping An Life donations have reached tens of thousands of dollars. Taikang Life Hubei branch employees enthusiastic contributions, as at 14, the amount of money has accumulated 250,000 yuan, 110,000 yuan of donations field line donation. May 14 afternoon, the Xinhua insurance Hubei Branch Management Support Division in the first floor hall for a special Xi, contributions to the ceremony started, more than 100 desk staff in the 40-minute donations to raise money to activities of the Chinese Communists more than 40,000 yuan. Days of Xiaogan in Hubei center with the insurance companies that led Kahane, general manager of personnel, rushed to the blood donation centre at the scene of Xiaogan, to the general obligation to promote blood donors for each day the insurance obligations of the donors to provide personal accident insurance.

The insurance industry in Guangxi

Enthusiastic contributions to the disaster areas

May 14 morning, the autonomous region of Guangxi Baojian Ju to the insurance institutions, insurance trade associations and all insurance practitioners issue “倡议书contributions to the earthquake-stricken area”, and called on the broad masses of cadres and staff insurance contributions carry forward the spirit of unity, extending a helping Hand, people in the disaster areas to help restore production and life. On that day, Guangxi Baojian Ju overall total of more than 40 cadres and employees contribute 10,910 yuan. At the same time, the insurance companies are currently have the staff to organize cadres contributions activities, such as PICC Property Insurance Guangxi branch staff Total contributions 29,902 yuan, the Pacific Life Guangxi branch staff Total contributions 24749.4 yuan, Ping An Property & Casualty Guangxi branch staff Total contributions 16,240 Yuan, the days of the Guangxi branch employees insurance contributions Total 7,506 yuan. In addition, on May 15 morning, the Guangxi branch of China Life Insurance agencies and district headquarters at 105 branches in the contributions, Total contributions to the disaster area more than 30 million. As time, the insurance institutions around the cadre of staff contributions activities are still in progress.

Dalian insurance industry

The first batch of donations 1.93 million yuan

May 14, Dalian Baojian Ju take the lead in the insurance industry and the organization of area organizations to contribute 1.93 million yuan disaster area and, through the Dalian city government donated to the earthquake-stricken area in Sichuan Province for earthquake relief work.

It is understood that in addition to Baojian Ju agencies, industry two sessions of personal contributions, the Dalian has 29 insurance companies and 12 intermediary organizations to participate in contributions to action. One of Japan Property Insurance and ING Capital contributions to the two corporate bodies were 528,700 yuan and 341,900 yuan in donations of their respective headquarters after reunification, under the premise of the Dalian area enthusiastic contributions to individual insurance subsidiaries, including PICC Property Insurance, the Pacific Property Insurance Branch respective contributions 148,000 yuan, China Life, Taikang Life Insurance, Ping An Life, Taiping Life Insurance contributions, and other subsidiaries were 120,000 yuan, 91,800 yuan and 70,000 yuan, 61,000 yuan, the Chinese joint days and also the General Insurance branch Each donated 50,000 yuan.

Hubei Baojian Ju

Disaster Relief Organization industry-wide fund-raising

May 14, to support earthquake relief work in Sichuan, Hubei Baojian Ju sent to the province’s insurance industry initiative, and called on the province’s insurance industry prompt action, and actively carry out urgent donations to the earthquake-stricken area of activities. Hubei Baojian Ju also actively organize the cadres and workers, 53 people contribute money and materials to the disaster area, donations have been received by the day, workers contribute a total of 14,750 yuan.

Hebei Baojian Ju positive contributions

May 15, Hebei Baojian Ju held all the staff of the earthquake-stricken area in Sichuan contributions to the ceremony, the leaders take the lead, all the cadres and workers participated in only half an hour of time on contributions to 3,650 yuan, and will contribute immediately to the Hebei Provincial Civil Affairs Department, to the people of disaster areas in Hebei Baojian Ju expressed the full support of the Gongduonanguan affectionate care.

China Insurance Group

To raise money to more than 10 million

As at 15:00 on May 16, from the China Insurance Group’s statistics show that the group as “12″ by the earthquake donations raised a total of more than 10 million yuan.

Earthquake damage at all affect the Bulgarian people’s heart. Taiping Life Insurance, Pacific Insurance Group and other companies in the territory of a member of staff immediately launched a system-wide contributions, including Taiping Life staff to raise contributions to a total of 2.55 million yuan, Taiping Insurance contributions to raise a total staff of 800,000 yuan at the same time, the Group in Hong Kong, Macao and other overseas agencies The staff also enthusiastic contributions. In a very short period of time, donations reached 3.54 million yuan, HK 640,000 yuan.

     Hua’an Insurance

Contributions to the disaster areas more than 10 million yuan

May 15, in the face of severe earthquake disaster, Hua’an Insurance actively involved in earthquake relief, and earnestly carry out the duties of insurance at the same time, decided to earthquake-stricken area the first batch of contributions to 10 million yuan, at present, these contributions have been commissioned by China, China and China Charitable Foundation donated to the disaster areas. At the same time, Hua’an Insurance 29 branch offices throughout the enthusiastic staff in donations, blood donations, individual donations so far have reached 719,000 yuan.

Chinese insurance

Donations have reached 4.13 million yuan

As at 17:00 on May 16, the United Property Insurance Company of China more than 2000, more than 31,000 employees a total of 4.1362 million yuan of personal contributions, of which a total of 88 bodies Corporation 54,800 yuan donations, contributions have also statistics.

Sunshine Insurance

Contributions to earthquake relief disabled children

As of May 16, and the sun Insurance Group employees has reached 2.6 million yuan of personal contributions, donations will mainly be earmarked for earthquake relief disabled children.

State TING overseas companies

Donated 1.5 million HK dollars

China Life Insurance (Overseas) Limited and China Life Franklin Asset Management Co., Ltd. actively support the earthquake relief, respectively, donated one million Hong Kong dollars and 500,000 Hong Kong dollar. May 15 morning, the president Rui Su Shi overseas companies on behalf of the two companies will check to the Central People’s Government Liaison Office, Gao Siren, director of personally receiving the cheque and expressed gratitude.

Singapore Great Eastern

1 million donation to the disaster areas

Singapore Great Eastern Life Assurance Co., Ltd. recently announced that the Singapore Great Eastern Life decided to adopt the Chongqing Municipal People’s contributions to the Red Cross disaster areas to 1 million yuan, the full support of the people of the affected areas earthquake relief and rebuild their homes. At the same time, its joint venture in China in the new Great Eastern Life Insurance Company will also in the earthquake disaster in Chongqing suffered serious damage to the disaster area donated 1 million yuan to help the people restore production and life.

All state insurance

Support reconstruction

May 16, state insurance to the Chinese Children Foundation donated one million to support the reconstruction of the affected areas, restore harmony to their homes as soon as possible contribution to a force. In addition, as at time, all state insurance Sichuan branch of emergency relief team is also prospecting relief to disaster areas on the way, constantly conveying victims to safe areas, and food, water and other relief goods distribution to victims.

Yangtze Endowment

Contribute 1.05 million yuan

May 17, the Yangtze River in Shanghai pension insurance companies, “Reaching the Yangtze River Gold Plan” initiated and disaster relief and assist the old donation ceremony. The commencement ceremony, Ma Lik, chairman of the Yangtze River old-age insurance companies on behalf of the company contributions to the earthquake-stricken area in Sichuan 1.056 million yuan.

It is learnt that the total contributions for this “golden Reaching the Yangtze River and assist the old fund” start the first round of financing and the Company set up a savings anniversary celebrations of the cost of 1 million yuan and employees “Donation Day” of 56,000 yuan, Special donated to the earthquake in Wenchuan in the loss of their children living alone, as their medical and pension costs.

Taibao for health care workers

Provide billions of insurance

Recently, the Pacific Insurance to participate in earthquake relief for all the vast number of frontline health care workers to provide insurance amounted to 10 billion yuan in personal accident insurance, security amounted to 500,000 yuan per person, insurance from the date of May 12, 2008, to Timor Seismic-earthquake relief work only at the end.

Earlier, the Pacific Insurance contributions to the disaster areas in Sichuan 5 million yuan, employees also extending a helping hand, enthusiastically donate blood donations and contributions. As at 14:00 on May 17, staff contributions have been more than 4.5 million yuan.

      China’s insurance reported

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Sun Life Everbright Life and shareholders of both contributions to the earthquake-stricken area 18.65 million yuan

2008年5月19日 | 14:05分类：Record | 667 views
– Ben Wang, May 15, Canada Sun Life Financial Group and the China Everbright Group, through its joint venture in China established by Sun Life Everbright Life Insurance announced that the earthquake-stricken central and western China will contribute 1 million yuan to the Chinese people expressed deep disaster areas The care and sympathy. Sun Life Everbright shareholders of China Everbright Group announced a contribution of 17.65 million yuan, including Sun Life Everbright Life Insurance contributions to the first batch of 300,000 yuan, the total 18.65 million yuan.

     Sun Life Financial Group, the global president Mr. Don Stewart said that although far from the other side of the earth, but in China’s western region of the earthquake disaster affects one in every work of the Toronto Sun staff’s heart. In particular, he mentioned that Toronto and is the sister city of Chongqing, and Chongqing distance is not very far from the epicenter, it is also very worried about him in Wanzhou District in Chongqing Municipality and friendship between the primary school children’s safety, the school was in 1997 , Funded by Sun Life Financial construction of the 625,000 U.S. dollars, Sun Life Financial and a symbol of friendship between the people of Chongqing. Until the morning of May 14, through the Canadian Consulate in Chongqing that the schools in the earthquake disaster in the loss is very small, the children are very safe, he and other operators breathed a sigh of relief personnel. However, China’s central and western regions there are still many people in the quake victims, more people in need of assistance and rebuild their homes, therefore, the Sun Life Financial Board of Directors decided to earthquake-stricken area donated 1 million yuan. China Everbright Group in this rapidly before the earthquake disaster response, the organization’s contributions to the company, just two days time on fund-raising 17.65 million yuan, a record amount of contributions to the Group over the years. Sun Life Everbright Life Insurance president Zhangjing Chen also said that the company has just recently opened branches in Chongqing get the license, according to plan preparations for the group should have been stationed in Chongqing, but the trip has been the impact of the earthquake, however, “As a result of the earthquake, We and the local people’s minds between a narrow range ahead of schedule. ” Sun Life Everbright current internal staff for contributions to the disaster areas and Social Activities are continuing, and the company also will continue to concern the disaster areas, to do their best through more ways and means to help reconstruction.

     China’s insurance network

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