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Dependent Coverage Expansion: Frequently Asked Questions
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Prudential (NYSE:PRU) and Fosun International announced that they have received approval from the China Insurance Regulatory Commission on the preparation to launch a new life insurance joint venture company in China.
The company will be the only life insurance joint venture in China between a non-state-owned enterprise and a foreign capital enterprise.
The joint venture will start with registered capital of $78 million with the Prudential Insurance Company of America and Fosun each contributing 50% of it.
The joint venture will be headquartered in Shanghai, and it is expected to begin operations in Q4 12, following receipt of final approval by CIRC and other regulatory authorities.
Prudential Financial (NYSE:PRU) has a potential upside of 43.6% based on a current price of $50.18 and an average consensus analyst price target of $72.07.
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The Search For Senior Care
Within the last month or so, I got a call from my sister, a call many if not most of us eventually will get. Her message: It might be time for my parents to move into some sort of facility that can help them take care of themselves — and for their grown children to help them make that choice. My dad has decided he might want to spend what’s left of his time on Earth back here in the Midwest ... Read News
Massachusetts Health Care Reform - Wikipedia, The Free ...
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