China Life Insurance Co Ltd operates within the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Life Insurance Co Ltd with three other
companies in this sector in China:
China Pacific Insurance (Group) Company Limited
sales of 318.62 billion Chinese Renmimbi [US$47.26 billion]
of which 70%
was Life Insurance),
Ping An Insurance (Group) Company Of China Ltd
(966.86 billion Chinese Renmimbi [US$143.40 billion]
of which 40%
was Life and health insurance), and
New China Life Insurance Co Ltd
(144.06 billion Chinese Renmimbi [US$21.37 billion]
of which 97%
was Individual Insurance).
During the year ended December of 2017, sales at
China Life Insurance Co Ltd were 639.93 billion Chinese Renmimbi (US$94.91 billion).
increase of 16.2%
versus 2016, when the company's sales were 550.53 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at China Life Insurance Co Ltd
(and since 2012, sales have increased a total of 59%).
Sales of Others saw an increase
that was more than double the company's growth rate: sales were up
40.1% in 2017, from
6.40 billion Chinese Renmimbi to 8.97 billion Chinese Renmimbi.
China Life Insurance Co Ltd also saw significant increases in sales in
Health (up 26.2% to 69.12 billion Chinese Renmimbi)