China Life may invest in bank and US insurer
China Life Insurance Co may invest in the Agricultural Bank of China and American International Assurance, Chairman Yang Chao said yesterday.
China Life net profit up 29.22% in H1
China Life Insurance Company Limited, the country's largest life insurer, posted an H1 net profit of 13.92 billion yuan (US$2.04 billion), up 29.22% year on year.
China Life Pension in Shanghai
China Life Pension Co, an affiliate of the country's largest insurer China Life Insurance Co, set up its first branch in the city yesterday, to vie for market share in Shanghai's fast-growing corporate annuities business.
China Life net profit up 55.07% in Q1
China Life Insurance Co., Ltd. Friday reported a net profit of 5.39 billion yuan (US$798.88 million) in the first quarter, up 55.07 percent from the same period last year.
China Life says net profit down 45% in 2008
China Life, the country's largest insurer by premiums said on Thursday that its net profit fell 45 percent in 2008, as the huge equity investment losses mopped up gains in premium revenues.