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
insurance companies in Asia:
Dai-ichi Life Holdings Inc
sales of 6.66 trillion Japanese Yen [US$64.09 billion]
of which 89%
was local insurance),
Japan Post Holdings Co Ltd
(12.77 trillion Japanese Yen [US$123.02 billion]
of which 62%
was Life Insurance), and
Japan Post Insurance Co Ltd
based in JAPAN
(7.77 trillion Japanese Yen [US$74.83 billion]
of which 100%
was Insurance & Related Activities).
During the year ended December of 2019, sales at
China Life Insurance Co Ltd were 716.61 billion Chinese Renmimbi (US$110.57 billion).
increase of 9.6%
versus 2018, when the company's sales were 653.90 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at China Life Insurance Co Ltd
(and since 2014, sales have increased a total of 64%).
Sales of Health saw an increase
that was more than double the company's growth rate: sales were up
28.0% in 2019, from
84.82 billion Chinese Renmimbi to 108.61 billion Chinese Renmimbi.
China Life Insurance Co Ltd also saw significant increases in sales in
Life (up 14.5% to 594.76 billion Chinese Renmimbi)
Others (up 26.7% to 12.29 billion Chinese Renmimbi)