CPIC’s Life Insurance Premium Growth Slowed Down During Management Reshuffle
With net profit growth accelerating to 46% from 23% in 2018, no-moat China Pacific Insurance's first-quarter results were on track to deliver our full-year expectation of over 40% growth. The pickup in growth was attributable to strong investment return and the CNY 7.3 billion reduction in insurance liability reserve as a result of rising 720-day moving average 10-year government bond yield. Investment return for the quarter surged 40%, versus a 10% decline in the year-ago period. Total investme...
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.