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China Life Insurance Co Ltd

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1 through 20 of 112 matching documents, best matches first.   Sort by date

China’s Commitment to the Expansion of Foreign Investments Enhances Capital and Flexibility
Best Asia-Pacific Ltd. "The introduction of more foreign capital will likely enhance Chinese insurers' financial flexibility," said Chan. Regulatory initiatives to open up the ...
Source: BestWire   Date: March 15, 2019
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China Life Cleared to Issue Bonds for Capital Replenishment
China Life Insurance Co. Ltd. has received regulatory approvals to issue bonds for capital replenishment, not to exceed 35 billion yuan (US$5.3 billion). The People's Bank of China ...
Source: BestWire   Date: March 7, 2019
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China Life Names New Chairman
China Life Insurance Co. Ltd. has named Bin Wang as the new chairman and executive director to succeed Mingsheng Yang, according to a statement from the Beijing-based insurer. Yang ...
Source: BestWire   Date: November 15, 2018
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China’s Regulator Rejects China Pacific Property’s Bid to Form Nonlife Company
China Pacific Property Insurance Co. Ltd. said it terminated a plan to launch a nonlife joint venture company with Baidu Penghuan Asset Management (Beijing) Co. Ltd., after ...
Source: BestWire   Date: October 16, 2018
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Milliman: China’s Restriction of Universal Life Sales Reduced Premiums but Not Embedded Value
China's life insurance market posted growth in embedded value and value of new business to 21% and 31%, respectively, in 2017 despite regulatory restriction on universal life ...
Source: BestWire   Date: September 20, 2018
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China’s Regulator Grants Approval for Third Batch of Tax-Deferred Pension Scheme Insurers
Heng An Standard Life and BoComm Life. The CBIRC said it will closely monitor the operation of these insurers for the protection of consumer interests and industry development. ...
Source: BestWire   Date: September 13, 2018
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China’s Tax Deferred Pension Insurance Scheme Pushes Growth Potential
Willis Towers Watson China. The China Banking and Insurance Regulatory Commission has issued guidelines for the development of tax-deferred pension products and management measures ...
Source: BestWire   Date: September 6, 2018
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China Life Fined in Anti-Money Laundering Law Violation
China Life's net profit rose to 13.52 billion yuan, up from 6.15 billion yuan a year earlier. The rise was mainly due to the impact of updated expectations for returns on its ...
Source: BestWire   Date: August 6, 2018
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China’s Regulator Approves Four More Life Insurers to Operate Tax-Deferred Pension Programs
Minsheng Life, ICBC-Axa Life and Soochow Life. The CBIRC said the insurers have to operate steadily for the development and management of tax-deferred pension insurance schemes. ...
Source: BestWire   Date: July 20, 2018
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China’s Regulator Grants Approval to First 12 Insurers to Operate Tax-Deferred Pension Insurance
The China Banking and Insurance Regulatory Commission has granted approval to the first batch of 12 insurance companies to operate tax-deferred pension insurance program, according ...
Source: BestWire   Date: June 4, 2018
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China Life’s Net Profit Rose 68.6% in 2017
China Life in a presentation. Innovation-driven strategy is a key focus for the company's development with technology being an important pillar for the insurer's operation and ...
Source: BestWire   Date: March 23, 2018
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Taiwan’s Insurance Industry Posted 9.08% Premium Growth in 2017
Insurance Institute's statistic report. Premium income for the life sector increased 9.16% to NT$3.4 trillion in 2017. Individual annuity insurance posted growth of 56% to NT$321 ...
Source: BestWire   Date: March 16, 2018
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Allianz Cleared to Sell Part of Life Business to Taiwan’s China Life
China Life Insurance Co. in Taiwan, according to a statement from the German insurer. "This transaction supports our priorities to focus on the core segments where we have the most ...
Source: BestWire   Date: February 28, 2018
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Allianz to Sell Part of Taiwan Life Insurance Business to China Life
Allianz Taiwan Life Insurance Co. Ltd. has agreed to sell part of its traditional life insurance portfolio to China Life Insurance Co. Ltd. in Taiwan. "The transaction includes a ...
Source: BestWire   Date: October 19, 2017
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Taiwan’s China Development Financial Cleared to Acquire Stake in China Life
China Life Insurance Co. Ltd., according to a statement from the Financial Supervisory Commission's Insurance Bureau. China Development Financial has to complete the investment in ...
Source: BestWire   Date: August 16, 2017
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China Life’s Net Profit Dragged Down by Lower Investment Income in 2016
China Life Insurance Co. Ltd.'s net profit attributable to equity holders dropped 44.9% to 19.13 billion yuan (US$2.8 billion) for the year ended Dec. 31, 2016. The largest life ...
Source: BestWire   Date: March 27, 2017
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Life Insurers Set to Gain as UK, China Reach Financial Services Agreement
...China Economic and Financial Dialogue in London. Both the London and Shanghai stock exchanges "will now work together to research and prepare implementation arrangements." Stock ...
Source: BestWire   Date: November 11, 2016
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Investment Yield Drop Drags China Insurance Sector’s Profit Down 35.68% in First Three Quarters
Securities investment was 1.8 trillion yuan, accounting for 14.25% of total invested assets. Life sector posted the biggest dip in profit, dropping 47.15% to 81.95 billion yuan in ...
Source: BestWire   Date: November 3, 2016
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CCB Property & Casualty Commences Business in China
Property & Casualty Insurance Co. Ltd. has commenced business in China with total registered capital of 1 billion yuan (US$148 million). The launch of CCB P&C marks a milestone for ...
Source: BestWire   Date: October 25, 2016
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China’s Regulator Allows Insurers to Invest in Hong Kong Through Stock Link Program With Shanghai
Securities investment amounted 1.7 trillion yuan, representing 13.5% of total assets, according to the CIRC. Lower investment incomes have dragged Chinese insurance companies' net ...
Source: BestWire   Date: September 9, 2016
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