China Pacific's Non-Auto Insurance Business Turned Profits for the First Time in Four Years
No-moat China Pacific Insurance’s 2017 results recorded 20% and 21.6% growth in net earned premium and net profits from 2016, which is largely in line with our expectation of 19.3% and 22% growth, respectively. Investment return grew 20% from 2016, also in line with our expectation for 19.5%, indicating gross investment yield up 0.2 percentage points to 5.4%. The past results highlighted continued improvement in life insurance business mix thanks to rapid growth in agent headcount and rising age...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.