noninsurance

Ping An's fees and commission income from noninsurance operations, such as investment banking, more than doubled to 2.71 billion yuan in the third quarter from 1.23 billion yuan a year earlier, the insurer said.

Ping An Results Hurt by Takeover Expense Fiona Law 2011

As of June 30, its noninsurance operations—banking, securities and trust services—accounted for 27% of its net profit, up from 23% a year earlier.

Ping An to Raise Stake in Bank; Profit Rises 33% 2011

CDSs were noninsurance insurance, which means there was little to no money set aside to meet these obligations.

HAVE YOU SEEN MY COUNTRY LATELY? JERRY DOYLE 2010

That would largely be a reaction to AIG's near-failure in 2008 that stemmed from huge losses sustained by a noninsurance U.K. subsidiary, which guaranteed high-risk investments that later turned sour.

Insurer Solvency Rules Take Global Focus 2009

The AIG debacle has prompted the U.S. government to include plans to oversee all insurer group companies, including noninsurance units, in its own regulatory reform proposals issued last week.

Insurer Solvency Rules Take Global Focus 2009

As part of its effort to beef up its noninsurance business, Ping An plans to pay 22.1 billion yuan to increase its stake in Shenzhen Development Bank Corp. to 30% from 5%.

Ping An Earnings Slide 2009

But one element will be central, they say: Any changes in solvency ratio requirements will be applied to all group companies of insurers, including noninsurance businesses, rather than just the insurer itself.

Insurer Solvency Rules Take Global Focus 2009

As part of its efforts to beef up its noninsurance business, Ping An Insurance also plans to spend 22.13 billion yuan to boost its stake in Shenzhen Development Bank Corp. to 30% from 5%.

Ping An to invest in rights issue 2009

Earnings at the company's noninsurance businesses rose 6.3% to $894 million.

Berkshire's First-Quarter Profit Tumbled 64% 2008

Earnings at the company's noninsurance businesses rose 3.5% to $1.09 billion.

Berkshire Posts 7.6% Fall 2008