China Life Insurance
China Life Insurance is one of the largest insurance group in China by premiums and assets, with headquarters located in Beijing. China Life offers key products and services including individual life insurance, group life insurance, accident, and health
insurance and annuity. The group also offers third-party asset management and pension services through subsidiaries.
See below for the Latest China Life Insurance News, Analysis, Profit Results, Share Price Information, and Commentary.
Chinese life insurers boost efforts in pension finance
Chinese life insurers boost efforts in pension finance
The sector has been named as one of the five key areas for financial sector growth in China.
China Life Insurance stays robust amidst national credit concerns
NBV increased by 18.6% year-on-year in the first half of 2024.
Global insurers see 6.2% growth in average premiums
China Life Insurance topped its regional peers and was in 5th place globally.
China Life's capital model benefits from diversification
Thanks to its solid position and earnings, it will remain stable in the next 2 years.
China Life Insurance’s NVB could see 17% YoY growth: Nomura
Net profit, on the other hand, could contract 15% YoY.
China Life Insurance to see 45% YoY profit slump – Nomura
China Life is the only insurer Nomura covers that has adopted the transition plan for the new accounting standards (IFRS) for insurance contracts.
New business value in China’s insurance sector show strong growth in 1H23: UOB
It expects NBV growth in domestic and regional life insurance to diverge in the second half of 2023.
China Life Insurance (Overseas) to stay afloat in the next two years: S&P Global
Its growth-related capital needs and substantial holdings of high-risk assets may surpass earnings.
China Life Insurance, bankers in the talks of $2b bond
It plans to issue a 10-year tier-2 bond.
China Life plans to boost services for mainland clients: report
Mainland customers drove new business premiums growth year-to-date.
China Life delists from US stock exchange
The insurer said they would apply for ‘voluntary delisting’.
China Life Indonesia arm signs sales partnership with ZA Tech
This paves the way for the launch of the insurers endowment cover.
China Life and Tokio Marine reveal cross-marketing partnership
This is to help promote both their insurance products in the market.
China Life reports slow increase of 1.3% in net profit in 2021
Growth was dragged by a decline in new business value and personnel challenges.
China Development Financial acquires China Life
The merger will form Taiwan’s second-largest financial holding corporation.
China Life H1 2021 profit soars to 34.2%
This is despite the sluggish growth of GWP due to the impact of COVID-19.
CDFHC to acquire 100% control of China Life
This will effectively delist the insurer.