Sun Life to pour millions into China
Article Abstract:
Sun Life Assurance Company of Canada is poised to make an investment in several hundred million dollars in China to embark on a joint venture in the country. It is confirmed that the Toronto, Canada-based company, which was allowed in 1995 to put up a representative office in Beijing, China, is among four foreign insurance firms permitted by Chinese government to sell insurance in the country. The life insurance market in China is anticipated to generate around $30 bil in yearly premiums by 2000.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Ottawa flies to fill gap in air insurance
Article Abstract:
The Canadian government has stepped in to provide the airline industry with insurance guarantees against war and terrorism for the next 3 months. Underwriters are reducing war-risk coverage in the wake of the September 11th attacks; many aviation services would otherwise be put out of business.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Delays raise cost of Alliance pipeline. Ottawa gives natives pipeline lift. NWT natives seeking Hibernia-style pipeline funding
- Abstracts: Ottawa, life insurers at odds. Ottawa forced to finalize money-laundering rules
- Abstracts: Bonavista to convert to $1-billion income trust. Drilling in West sets pace for record
- Abstracts: Nortel sees $2.8-trillion net Economy. Nortel to delay India investment. Mitel founder predicts phone system revolution
- Abstracts: Sun Life venture in India triples assets. Sun Life reported to sell U.K. fund unit