Report
EUR 233.53 For Business Accounts Only

New China Life Insurance Company Ltd.:Update to credit analysis

Our credit view of NCI, reflecting its established franchise, diversified product mix and strong capitalization, offset by relatively high exposure to nonstandard assets.
Underlying
New China Life Insurance Co. Ltd. Class A

New China Life Insurance is a joint stock company based in the People's Republic of China. Co. is primarily engaged in provision of life insurance products and services to individuals and institutions through its national branch network. Co. maintains more than 1600 branches across the country, providing life insurance, health insurance, personal accident insurance and pension insurance services to 26.15 million individual customers and 64 thousand institutional customers. Co. manages and utilizes its insurance assets through its subsidiaries Asset Management Company and Asset Management Company (Hong Kong).

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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