Central insurance companies

 

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Ping An Insurance (Group), China's No.2 life insurer, bought a 4.2 percent stake in Dutch-Belgian financial services firm Fortis for $2.7 billion, the latest overseas investment by a Chinese financial firm.   Permalink

  • Fortis Shares Slide as Profit Falls 10%
    Belgian-Dutch financial services firm Fortis, which is buying the Dutch operations of ABN Amro, reported a 10 percent drop in quarterly net profit on Thursday but stuck to its 2007outlook.     Read More