Life Insurance Part 3: Cooper Review threats in Australia vs. Value in Asia Corollary of Views Insurance Siddharth ParameswaranAC (61-2) 9220 1596 siddharth.x.parameswaran@jpmorgan.com Paul Mobilio (61-2) 9220-1920 paul.d.mobilio@jpmorgan....
Interest rate hikes to become a positive catalyst in 2010: With signs of a bottom developing in global GDP, a strong likelihood of 8% GDP growth in China in FY09 and an increase in asset prices in the past nine months, we believe the proba...
TABLE OF CONTENTS Investment summary.......................................................................................................5 Key attributes required in Phase II..................................................................
This note is the first in a three part series examining the key investment issues likely to affect the share prices of AXA and AMP. The notes will compare the following: 1) Operational trends 2) Leverage to equity markets of Earnings, Capi...
Investment thesis for life insurers: Capital regulation, accounting, and calculation of embedded value (EV) is moving towards a common standard founded on an economic-value-based concept of capital. It will take time for this understanding...
Contents Summary 2 Ratings Actions 5 Capital Liquidity 7 Mergers Acquisitions 8 Section 2. Summary of Recent Research 9 Section 3. Price Performance 11 Section 4. Valuation 15 Section 5. Earnings Analysis 27 Section 6. Insider Transactions...
内容简介 一、保险专业中介机构 二、保险专业代理机构 三、保险营销员 四、市场特点 五、2009年保险中介监管政策取向...
目录 一、市场走势...................................................... 1 二、个股走势...................................................... 3 三、新开户状况.................................................... 4 四、大小非减持状况............
Strong investment returns may not fully translate into earnings recovery in 1H09 #1048599; Extent of gains realised in 1H08 could make comparisons disappointing #1048599; China Life and Ping An are not A-share proxies. We remain biased to...
We remain positive on PRC life insurers, as we expect the strong outlook for VNB growth for the next two to three years to support the continuation of positive share price momentum. We have lifted VNB growth estimates in our valuations by...
