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PICC a big winner in annuity market in 2009

(chinadaily.com.cn)
Updated: 2010-02-23 15:32
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PICC a big winner in annuity market in 2009
PICC Asset Management Co Ltd, the asset management arm of the People's Insurance Company of China Group (PICC Group), quickly expanded its corporate annuity market in 2009, despite the intensified competition.

Last year, PICC Asset inked contracts on several large-sized corporate annuity investment management programs, involving industries such as railway transportation, finance, energy, coal, tobacco, and tourism.

Moreover...

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