Report
Iris Tan
EUR 147.86 For Business Accounts Only

China Life Saw Fast Improvement in Underwriting Quality

Despite a 67% drop in net profit as a result of fluctuations in the capital market, China Life’s results were solid, with a 50.4% growth in new business value and steady improvement in underwriting quality. Benefiting from the favorable industry dynamics, China Life is progressing well in its strategic shift toward agent-focused and long-term protection products. We would like to see more evidence demonstrating that the company can sustain such a rapid pace in new business value and product mix ...
Underlying
China Life Insurance Co. Ltd. Class H

Provider
Morningstar
Morningstar

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.

Analysts
Iris Tan

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