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BestWeek Asia/Pacific: China’s Ping An Ramps Up Domestic Investment With Shenzhen Bank Buy

2009-08-18 11:04
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OLDWICK, N.J.--(BUSINESS WIRE)--This week’s edition of BestWeek Asia/Pacific takes a look at the domestic investment strategy of China’s Ping An Insurance, as the country’s second-largest insurer takes a stake in Shenzhen Development Bank.

A.M. Best Co.’s BestWeek Asia/Pacific is a multimedia online digital newsletter for insurance professionals. The 18 August edition is available at www.bestweek.com/bwap081809.html or by visiting www.bestweek.com.

This week’s edition also examines recent regulatory moves in India that presage fundamental changes in the insurance market.

The edition includes audio interviews with Ashvin Parekh, national leader of financial services for Ernst & Young India, on India’s regulatory changes, and Chongwoo Lee, head of overseas investment with KB Real Estate Trust, on his company’s purchase if the ING building in Seoul, South Korea.

Video reports include a review of the A.M. Best Stock Indexes for Asia/Pacific, Global Brokers and Global Reinsurers and video news updates.

For a complimentary subscription, visit www.bestweek.asia.

Founded in 1899, A.M. Best Company is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. For more information, visit www.ambest.com.

Contacts

A.M. Best Company
Iris Lai, +(852) 2827 3400
iris.lai@ambest.com