sector: Financials ·
industry: Insurance - Life & Health ·
As of
24 Nov 2009
22.60TWD
China Life Insurance Company, Ltd. is an insurance company based in Taiwan. The Company is principally engaged in the businesses of individual life insurance, group life insurance, individual accident insurance, individual health insurance, annuities insurance, investment insurance and others. During the year ended December 31, 2008, individual life insurance and annuities insurance products contributed approximately 74.94% and 18.39% of the Company's total revenue, respectively. As of December 31, 2008, the Company had eight major branches and 49 mailing addresses.
BRIEF: For the three months ended 31 March 2009, China Life Insurance Company Limited's revenues increased 54% to NT$43.47B. The Company's net income totaled NT$1.08B, up from NT$201.2M. Total revenues reflect the presence of gain from financial assets revaluation and gain from foreign exchange. Net income also benefited from largely decreased proprietary and broking sales expenses and increased miscellaneous non-operating income.
China Life Insurance Company Ltd (Taiwan)
5F, 122, Tung Hwa North Road
Taipei
P: +8862.27196678
F: +8862.27136542