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


OLDWICK, N.J. -- This week's edition of BestWeek Asia/Pacific takes a look at the domestic investment strategy of China's Ping An Insurance Ping An (Chinese: 中国平安; Pinyin: Zhōng Guó Píng An), full name Ping An Insurance (Group) Company of China, Ltd. , as the country's second-largest insurer An individual or company who, through a contractual agreement, undertakes to compensate specified losses, liability, or damages incurred by another individual.

An insurer is frequently an insurance company and is also known as an underwriter.
 takes a stake in Shenzhen Development Bank Shenzhen Development Bank Co., Ltd. (Simplified Chinese: 深圳发展银行; Traditional Chinese: 深圳發展銀行 .

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 The examples and perspective in this article or section may not represent a worldwide view of the subject.
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 for Ernst & Young India Young India was a journal published in English by Mahatma Gandhi. , 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.
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Publication:Business Wire
Date:Aug 17, 2009
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