Revealed: Ping An’s huge contribution to China’s economy

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Ping An Insurance Group of China has channelled over RMB5 trillion (US$776.4 billion) into China’s real economy in 2020.

The world’s most valuable insurance brand contributed the amount mostly through insurance fund investment and bank credit, according to a report by Xinhua. The company extended over RMB14 billion in poverty alleviation loans, targeting to uplift rural industries.

Ping An’s insurance fund portfolio was at RMB3.74 trillion by the end of 2020, up 16.6% from the previous year. Around half (50.2%) of the total investment was in bonds, while 8.4%, or RMB315.1 billion, was in stocks.

The insurer announced that net

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Make All Your Insurance coverage Easy

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What’s SEARCH ENGINE OPTIMIZATION marketing? With drop shipping, you manage your on-line retailer, present images of your objects on the market, deal with the sales, and provide customer support. Your clients make a purchase, and the delivery is then taken care of by a third-occasion seller. Many seemingly wacky ideas became multimillion-dollar businesses. Easy (but genius) ideas made a whole bunch of new millionaires.

The key efficiency indicators we take a look at are organic web site traffic and search engine rankings. We will observe this every month and report it to you. As a result of the metric you … Read More

Miller Insurance Services deal gets European Commission nod

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Miller Insurance Services LLP’s sale, which was examined through the European Commission’s (EC) simplified merger review procedure, has secured the green light from the European Union (EU) watchdog.

Under the merger regulation of the EU, Miller and its buyers are granted approval after it was concluded by the EC that “the proposed acquisition would raise no competition concerns because of the limited market position of Miller in the European Economic Area.”

Headquartered in the UK, Miller is a £2 billion-premium (around SG$3.6 billion) brokerage that provides non-life insurance and reinsurance broking services. It employs more than 640 people across the

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Willis Towers Watson snaps up Jobable’s human capital analytics experts

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Willis Towers Watson (WTW) has hired the entire team of Jobable, a Hong Kong-based human capital analytics and software company.

The move, according to a statement from the global brokerage, expands its capabilities in human capital data science and software development. This will enhance the company’s ability to help organisations drive digital transformation and harness the potential held by their human capital data.

Jobable co-founder and former CEO Richard Hanson joins WTW as head of data science for talent & rewards, along with Jobable co-founder and former chief operating officer Luke Byrne. In this role, Hanson will remain based in

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