Company Profile For China Life Insurance Company Limited

China Life Insurance Company Limited (2628.HK) (Hong Kong Stock)

sector: Financials · industry: Insurance - Life & Health ·

As of 9:48am IST

39.30HKD

Price Change

+0.35

Percent Change

+0.90%

Analyst Recommendations

Overview

China Life Insurance Company Limited is a China-based life insurance company. The Company provides a range of insurance products, including individual life insurance, group life insurance, accident insurance and health insurance products. It also offers accident and short-term health insurance policies to individuals and groups. The Company operates in three business segments: individual life insurance, group life insurance business and accident and health insurance business. As of December 31, 2008, it had 102 million individual and group life insurance policies, annuity contracts and long-term health insurance policies.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, China Life Insurance Company Limited's operating income increased less than 1% to RMB287.23B. The Company's net income for the period increased 52% to RMB19.87B. Higher operating income reflect an improvement in insurance business. Net income also benefited from lower payment for policy surrendered, decreased insurance claim payments, as well as higher non-operating income.

Company Address

China Life Insurance Company Limited
China Life Insurance Building,
No.16 Chaoyang Menwai St.,
Chaoyang District
Beijing BEJ 100020
P: +8610.85659999
F: +8610.85252210