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UCPN (Maoist) Chairman Pushpa Kamal Dahal’s son, who was suspended from the party over his illicit affair with a student leader of the party, has said that he is not married to Bina Thapa Magar. However, Dahal Jr admitted having close relations with Bina, leader of UCPN (Maoist) aligned student wing.

“I have never said I am married to Bina,” said Dahal Jr. in an interview with BBC Nepali Service. “No matter how my affair with Bina has been reported in the media, this is just a personal affair that can happen in a person’s life,” he added.

According to BBC Nepali service, Prakash was interviewed at India Gate in Delhi amid speculations that he has returned to Nepal.

Prakash, 31, divorced once earlier, has a son with his second wife Srinaja Tripathi of Pokhara. He had eloped with Bina in July.

“I was a little tense after Srijana (his legal wife) went to her parental home over the media reports that defamed me following my return from Everest trip,” Prakash said about his second wife. “I should have divorced with Srijana before starting this (with Bina),” said the Maoist chairman’s son.

He conceded having made the mistake in accepting third wife without giving divorce to his second wife. “I have made mistake in the process,” he said.

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China Life Insurance Company Limited (short China Life, Chinese: 中国人寿保险; pinyin: Zhōngguó rénshòu bǎoxiǎn) is a Beijing-based China-incorporated company that provides life insurance and annuity products. China Life is ranked No. 94 on Fortune 2015 Global 500 Company list. [2] China Life, which is 70% state-owned, is the biggest life insurer in China, but it's coming off a few rocky years. China's insurance market attracted dozens of new competitors after the Chinese government liberalized it, and China Life's market share has fallen by almost half since 2007, from 50% to around 26%, according to Morningstar. The company is completing a major restructuring, and the government assigned it a new CEO in 2014. A new sales push early this year (fueled by an army of newly hired agents) led to a big bump in net income in the first quarter of 2015. China Life is also ranked on Fortune China: 2015 Top 500 Chinese Enterprises at No.13.

China Life has more than 600,000 agents nationwide, making its cost of acquiring new customers relatively low. China Life has a substantial share of China's group life and health insurance business, and its government ties give it an inroad to help it build that business among state-owned enterprises.[3]

China's government recently allowed Chinese insurance companies to invest in foreign real estate; China Life just made its first such investment, in a Boston waterfront project.
Key Dates: 1919: American Asiatic Underwriters (later AIG) is founded in Shanghai.

1929: Tai Ping Insurance Company is founded in Shanghai.

1931: China Insurance Company is founded in Shanghai.

1949: The Chinese government takes over all insurance operations on the mainland, establishing People's Insurance Company of China (PICC).

1959: Insurance operations are abolished, except for foreign (marine and aviation) insurance needs, and PICC becomes a department of the central bank.

1979: Following the launch of economic reforms, PICC begins issuing non-life insurance policies.

1980: A joint venture is formed with AIG.

1982: PICC begins offering life insurance policies.

1988: The Chinese government licenses the first competing insurance companies.

1996: PICC is restructured as PICC Group, as a holding company for its life, reinsurance, and property operations.

1999: PICC Group is dissolved and replaced by four state-owned companies, including China Life Insurance.

2003: China Life goes public on the Hong Kong Stock Exchange and the New York Stock Exchange in the world's largest public offering that year.

2004: China Life announces its intention to diversify into asset management, brokerage services, and banking services in the near future.

China Life Insurance Company Limited is the largest life insurer in the People's Republic of China. The company offers individual life insurance, group life, accident insurance, and health insurance policies. China Life commands 45 percent of that market, and holds the number one position in 29 of the country's 31 major markets—only Shanghai and Beijing, where the company nonetheless is number two, escape its dominance. Formed from the breakup of former government-owned monopoly People's Insurance Company of China, China Life is the only life insurance company in China with a national operating license, which has permitted it to develop a network of more than 8,000 field offices, 4,800 branch offices, 3,000 customer service offices, and 87,000 sales outlets in such locations as banks, post offices, hotels, airports, travel agents, and the like. The company's nearly 67,000 employees are complemented by a network of 650,000 exclusive independent sales agents. The company also operates a "one-stop" 24-hour telephone sales and service hotline. Together, China Life serves more than 100 million long-term policy holders and more than 150 million short-term policy holders, generating nearly CNY 51 billion ($6.2 billion) in net premiums and policy fees in 2003. The group's total sales topped $9.5 billion that year. China Life listed on the Hong Kong Stock Exchange and the New York Stock Exchange at the end of 2003, raising $3.5 billion in that year's largest initial public offering (IPO). China has indicated its intention to expand into other financial areas, such as asset management, brokering, and banking.
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तल को बक्समा क्लिक गर्नुहोस

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