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| Wednesday, August 20, 2008 21:56:01 |
Investment-linked products boost foreign insurers' premiums
Foreign life insurers in Shanghai are benefiting from a major increase in products linked closely to China’s booming stock markets, the Oriental Morning Post reported. The Shanghai Bureau of the China Insurance Regulatory Commission said foreign life insurers reported US$566.14 million (RMB4.28 billion) in premiums from individual clients in Shanghai in the first six months, up 38.8% year-on-year. The rise was credited to a drastic ...
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