In the midst of its ill-considered effort to impose some discipline on the American colonies through legislation, the British Parliament also spent some time pondering the growing insurance industry headquartered in London. The result, in 1774, was the Life Assurance Act. Nascent life insurance market bolsters Chinese insurer (International Herald Tribune) at 2007-12-10 10:48:56 -0500
Analysts estimate that earnings at Ping An Insurance (Group) will double in 2007 for a second straight year. Some 1.25 billion people in China have yet to buy insurance.