Profit at property insurers fell 43.39 per cent year-on-year to Rmb33.7bn. For life insurance firms it dropped 65.6 per cent to Rmb54.2bn, while for reinsurers it fell 58.8 per cent to Rmb4.4bn.
While heavily dominated by French and English schools, accounting for 44 per cent of the table, the ranking is more diverse than ever with schools from 25 countries.
7) I am often in a bad mood 0 1 2 3 4
Overall, St Gallen’s alumni report a 95 per cent satisfaction level, 2 percentage points more than the alumni from London Business School and WHU Beisheim.
Tongzhou was designated as the site of a new administrative center for the municipal government to help relieve the current heavy pressure on public services in downtown Beijing, where the central government is located.
"Everywhere I go business owners are seeing an increase in demand," said Gus Faucher, senior economist at PNC Financial Services. "Businesses will have to raise wages to attract or maintain workers."
It’s not clear which group of Dutch lenders was wrong. It’s possible that the Seppenwolde lenders ignored the evidence about broader financial conditions and were too pessimistic. It’s also possible that the other lenders were too casual in brushing off the implications of the East India mess. Either way, the Dutch episode suggests that even sophisticated investors become optimistic or pessimistic for myopic reasons.