Analysis on the Acquisition between Ping an Insurance Company of China, Ltd and Shenzhen Development Bank Limited Company

June 12, 2009, Ping An Insurance (Group) Company of China, Ltd published announcement that it would adopt " directional addition + agree on transfering " to acquire Shenzhen Development Bank. The news came out, all walks of life proclaimed comments in droves, which account for the majority, so far the transaction has been gained first certainty from the China Insurance Regulatory Commission, Department of Commerce, China's Bank Regulatory Commission, China's Securities Regulatory Commission and other departments. This paper attempts to review the process of this incident, briefly analyze of the advantages and disadvantages after its acquisition, discuss the guided significance to mixed operation of China's financial industry.

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Analysis of Enterprise Profitability Based on Dupont Analysis Method -Taking China Life Insurance (Group) Company as an Example

E3S Web of Conferences ◽

10.1051/e3sconf/202123301173 ◽

2021 ◽

Vol 233 ◽

pp. 01173

Author(s):

Ding Li

Keyword(s):

Life Insurance ◽

Financial Analysis ◽

Analysis Method ◽

Enterprise Development ◽

Group Company ◽

Advantages And Disadvantages ◽

Insurance Group ◽

Dupont Analysis ◽

China Life ◽

Core Indicator

Obtaining profits is the main purpose of enterprise development, and profitability is the core indicator for measuring the development status and prospects of enterprises. DuPont analysis method is a comprehensive and effective financial analysis method to evaluate the profitability of enterprises. This article will focus on DuPont analysis method, supplemented by factor analysis method and comparative analysis method to comprehensively analyze the profitability of China Life Insurance Co., Ltd. Analyze the advantages and disadvantages of its profitability, then, give some relevant reasonable suggestions.

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Ping An Life Insurance Company of China, Limited and Ping An Insurance (Group) Company of China, Limited v. Kingdom of Belgium (Ping An v. Belgium)

World Trade Review ◽

10.1017/s1474745616000215 ◽

2016 ◽

Vol 15 (3) ◽

pp. 532-534 ◽

Cited By ~ 1

Author(s):

Georgios Andriotis

Keyword(s):

Life Insurance ◽

International Investment ◽

Insurance Company ◽

Life Insurance Company ◽

Group Company ◽

Insurance Group ◽

First Time

The award in the International Centre for Settlement of Investment Disputes (ICSID) case Ping An v. Belgium was dispatched to the parties on 30 April 2015. The case is of significance for a variety of reasons. To start with, it is the first time that Chinese investors instituted arbitration proceedings under the ICSID rules. Furthermore, it is the first time that Belgium is cited as the respondent in an international investment case.

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The Study on Financial Supervision for Chinese Financial Industry under Mixed Operation

Physics Procedia ◽

10.1016/j.phpro.2012.05.300 ◽

2012 ◽

Vol 33 ◽

pp. 1899-1905

Author(s):

Song Wei

Keyword(s):

Financial Supervision ◽

Financial Industry ◽

Mixed Operation

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The Development of the Offshore Reinsurance Market in Singapore and Its Experiences for India

Research in Economics and Management ◽

10.22158/rem.v2n5p205 ◽

2017 ◽

Vol 2 (5) ◽

pp. 205

Author(s):

Bofang Li

Keyword(s):

Insurance Industry ◽

Geographical Location ◽

Regulatory System ◽

Growth Trend ◽

Healthy Development ◽

Advantages And Disadvantages ◽

Steady Growth ◽

The World ◽

Regulatory Commission ◽

Reinsurance Market

In March 2017, China Insurance Regulatory Commission issued Notice on Matters Related to the Provision of Guarantee Measures for Offshore Reinsurers, and announced the formal establishment of a deposit system for Offshore reinsurers.This measure improves China’s reinsurance regulatory system. It can not only prevent the cross-border transfer of foreign financial risks through reinsurance exchanges but also promote the smooth and healthy development of Chinese reinsurance market. The establishment of Offshore reinsurance margin system provides institutional guarantee for the construction of international Offshore reinsurance in China. India, as a major shipping country in the world, has superior geographical location and mature shipping business. The establishment of international reinsurance center plays an important role in promoting the development of India’s insurance market and shipping market. Offshore reinsurance business accounts for greater proportion in business structure of the international reinsurance center. The establishment and development of Offshore reinsurance center in India need to compete with many mature Offshore reinsurance companies in the world. Singapore is not only Asia’s largest international financial center but also one of Asia’s largest international reinsurance centers. Its Offshore reinsurance market is more mature. In the past 10 years, it has maintained a steady growth trend, which can provide a reference for the development of Offshore reinsurance business in India. This paper begins with the development conditions and market data of Singapore Offshore reinsurance market, analyzes the development of Singapore’s Offshore reinsurance market and the development of the domestic insurance industry in India, combines with the analysis of the advantages and disadvantages of Mumbai, Kandla Port and other places, and puts forward suggestions for the development of Offshore reinsurance business in India.

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Theoretical and practical aspects of analysis of competitiveness of insurance company

Scientific Research and Development Economics ◽

10.12737/585 ◽

2013 ◽

Vol 1 (2) ◽

pp. 25-30 ◽

Cited By ~ 1

Author(s):

Медушевская ◽

Inna Medushevskaya

Keyword(s):

Price Competition ◽

Swot Analysis ◽

Insurance Market ◽

Financial Ratios ◽

Insurance Companies ◽

Insurance Company ◽

Insurance Group ◽

Determining Factors

In the article the theoretical and practical aspects of the analysis of the competitiveness of the insurance company CJSC «Insurance Group Uralsib» as an example were revieled. The competitiveness of the insurance companies is based on the general principles and provisions of the theory of competition and competitiveness. It was detailed the concept of competition in the insurance market, revealed its specificity and the possible non-price competition on it. The competitiveness of the insurance company is considered as a multi-faceted category, its determining factors were reflected. The competitiveness of Penza branch based on the analysis of financial ratios was evaluated and conducted the SWOT-analysis. The recommendations were given.

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ESTIMATION OF FINANCIAL RELIABILITY OF THE INSURANCE COMPANY

Economy and Society ◽

10.32782/2524-0072/2021-28-2 ◽

2021 ◽

Author(s):

Інна Кисільова ◽

Артем Величко

Keyword(s):

Ease Of Use ◽

Insurance Company ◽

Advantages And Disadvantages ◽

Indirect Influence ◽

Number Of Factors ◽

Integrated Indicators ◽

Comprehensive Indicator

The article considers the assessment of the financial reliability of the insurance organization. It is shown that the financial reliability of the insurance organization is a comprehensive indicator and depends on a number of factors. The classification of financial reliability factors on the basis of the possibility of management and depending on direct and indirect influence is considered. Approaches to assessing the financial reliability of an insurance organization, which use both single indicators and scorecards, are considered, their advantages and disadvantages are determined. It is shown that the advantage of using integrated indicators is the ease of use and the ability to take into account various factors. To assess the financial reliability of the insurance organization, the use of the Harrington model is recommended and a list of model factors is defined.

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Human resource management in China (in the financial sector)

E-Management ◽

10.26425/2658-3445-2019-3-22-28 ◽

2019 ◽

Vol 2 (3) ◽

pp. 22-28 ◽

Cited By ~ 2

Author(s):

M. Goykhman ◽

D. Grishaev ◽

L. Jing ◽

M. Dyakonova

Keyword(s):

Resource Management ◽

Human Resource Management ◽

Human Resource ◽

Banking Sector ◽

Human Resources Management ◽

Modern China ◽

Traditional Values ◽

Financial Industry ◽

Finance Industry ◽

Advantages And Disadvantages

Systematically carried out over the past forty years economic reforms have given impetus to the development of the financial industry in China. Any changes suggest new approaches in the management system. Despite the results obtained there are some problems in the financial industry of China. In modern China there is a synthesis of Western and Eastern management theories, but it is necessary to pay tribute to traditional values, that influence on the thinking of leaders. The problems of human resource management in China in the financial industry have been considered in the article. The areas, where the most revolutionary changes are currently taking place, such as cross-border e-commerce, also have been indicated. In China, the proliferation of the Internet finance industry has been made possible by the surge in e-commerce. The fundamental factor in the psychology of the Chinese is Confucianism, on which they rely in all spheres of life. Despite the fact that in modern China there is a synthesis of the Western and Eastern theories of governance, it is necessary to pay tribute to the traditional values, which influence the thinking of the leaders of Chinese organizations. But new areas of activity require other, more advanced approaches to personnel training. The advantages and disadvantages of human resources management in the banking sector of China have been considered in the article. As a result of the analysis of indicators and problems of personnel management in the financial sphere, the main conclusions and recommendations on the structure of human resource management at this stage of improving society in China have been presented.

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Prospects for cooperation between the financial corporation and companies, working in the field of digital technologies

Upravlenie ◽

10.26425/2309-3633-2019-2-57-64 ◽

2019 ◽

Vol 7 (2) ◽

pp. 57-64 ◽

Cited By ~ 1

Author(s):

V. S. Efremov ◽

A. S. Pilishvili

Keyword(s):

Development Strategy ◽

Financial Services ◽

Business Processes ◽

Rapid Development ◽

Digital Technologies ◽

Open Architecture ◽

Financial Industry ◽

Digital Products ◽

Advantages And Disadvantages ◽

Main Regulator

The problems, associated with the development of new digital technologies, which, in turn, have an impact on the activities of large financial institutions of the Russian Federation, have been examined in the article. The aim of the study is to analyze the current situation in the economy, related to the growth of the market for digital products, their integration into the existing model of providing financial services to clients, as well as finding solutions to the joint activities of financial corporations and financial and technological companies. The definitions and main activities of financial corporations and fintech startups have been given in the article. The advantages and disadvantages of a large financial corporation and developing companies, operating in the field of digital technologies, as well as the positive results of combining their resources, have been highlighted. Positive examples of world experience in cooperation between the two types of these organizations and the attitude of the main regulator of the Central Bank of Russia to the development and implementation of financial technologies in the country’s economy have been adduced.The problems and opportunities of high competition in the struggle for the modern consumer, which lead to the rapid development of the entire financial industry market, have been analyzed. The results of the study have showed, that every day, worldwide, fintech companies test a significant number of digital products, various open architecture tools, methods of transferring information through blockchain technologies, and optimize and integrate into the existing systems new client base programs, that completely change the main business processes of large enterprises and have a significant impact on the main consumer - a person. This indicates the need for further research aimed at studying and analyzing the integration of financial corporations with technology companies, changing the existing business model, finding new approaches to the modern consumer and creating a new organization development strategy in the digital economy of the country.

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Utilization of Coal Mine Water

Applied Mechanics and Materials ◽

10.4028/www.scientific.net/amm.707.202 ◽

2014 ◽

Vol 707 ◽

pp. 202-207

Author(s):

Ai Jun Shao ◽

Shi Wen Wang ◽

Lin Lin Chai ◽

Qiang Wang ◽

Ying Liu ◽

...

Keyword(s):

Coal Mine ◽

Mine Water ◽

Mine Drainage ◽

Social Economic ◽

Drainage Water ◽

Environmental Benefits ◽

Group Company ◽

Limited Company ◽

Coal Mine Water ◽

Different Characteristics

China is a big country of coal production, in the coal mining process, the great massive mine drainage has caused not only the waste of groundwater resource, but also environmental pollution. On the other hand, mining production and life supply water is very scarce. According to the mine water features, the majority of mine drainage water belonging to the mine water containing suspended, the mine water needs to do the necessary purification then can be used. What the purification mainly eliminates is the suspended. In this paper, the method of purification and the technological process about mine water are discussed. The main methods of handling are coagulation, sedimentation, filtration and disinfection. According to different characteristics of water quality, different ways of handling and technological processes have to be chosen. Finally, the purification and utilization of mine water are shown through practical examples, Pingdingshan Coal Group Company, Wannian Coal Mine of Fengfeng Group Limited Company and Tangshan Coal Mine of Kailuan Group Company, to have obvious social, economic and environmental benefits.

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Realistic reporting of life insurance company policy liabilities and profits: developments in Anglo-American countries

Journal of the Institute of Actuaries ◽

10.1017/s0020268100020229 ◽

1994 ◽

Vol 121 (2) ◽

pp. 441-458 ◽

Cited By ~ 6

Author(s):

M. B. Adams ◽

C. N. W. Scott

Keyword(s):

Life Insurance ◽

Point Of View ◽

Insurance Companies ◽

Insurance Company ◽

Life Insurance Company ◽

Advantages And Disadvantages ◽

Valuation Method ◽

Company Policy ◽

Long Time ◽

Anglo American

AbstractThis paper examines international developments in life insurance generally accepted accounting practice (GAAP) for policy valuation and profit recognition in four major Anglo-American markets—the U.K., Australia, the U.S.A. and Canada. Each valuation method examined has its advantages and disadvantages with respect to the needs of preparers and users of the annual corporate reports of life insurance companies. The paper documents that the statutory basis and U.S. GAAP are considered to have substantive deficiencies. In contrast, the U.K. accruals method, the Australian margin on services method and Canadian GAAP have much to commend them, particularly with regard to their flexibility to accommodate valuation adjustments for unexpected events. Nevertheless, from the preparers' point of view, the systems which would have to be developed to facilitate the U.K. accruals and Australian margin on services methods would be difficult and costly to implement. Profit reporting under Canadian GAAP is also sensitive to changes in actuarial reserving assumptions. The authors conclude that, since national preferences in actuarial and accounting practices are inevitable and because the product-market structures of life insurance markets are so distinctive, international harmonisation of life office GAAP is unlikely to occur for a very long time.

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