Posted on October 12th, 2011 in Life Insurance Blog
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Posted on August 18th, 2010 in Life Insurance Blog
China consortium may bid for AIG’s Asian insurance unit
HONG KONG: A consortium of leading Chinese companies, including Industrial and Commercial Bank of China Ltd and China Life Insurance Co Ltd, plans to bid for a 30 per cent stake in American International Group Ltd’s Asian life insurance business, AIA, the 21st Century Business Herald reported [...]
Posted on May 24th, 2010 in Life Insurance Blog
China insurance profit grows 158% in first four months
Statistics from China Insurance Regulatory Commission (CIRC) shows total profit of insurance companies has increased from 17 billion yuan to 27.8 billion yuan, representing a 158.13 percent growth in the first four months. Life insurance companies estimated an increase of 8.4 billion yuan of total profit to [...]
Posted on April 09th, 2010 in Life Insurance Blog
China Life says 2009 profit up 72 percent
China Life Insurance Co. said Thursday its 2009 profit surged 72 percent as China’s economic rebound boosted stock markets and investment income.
Read more on AP via Yahoo! Finance
Posted on April 08th, 2010 in Life Insurance Blog
China Life says 2009 net profit up 72%
BEIJING – China Life Insurance Co, China’s largest insurer, posted 71.8 percent growth in net profit for 2009 on higher investment income, the company said Wednesday.
Read more on China Daily