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 Reinsurance Group Corp
(2020
sales of 169.10 billion Chinese Renmimbi [US$26.05 billion]
),
Ping An Insurance (Group) Company Of China Ltd
(1.31 trillion Chinese Renmimbi [US$201.72 billion]
of which 55%
was Life and health insurance), and
China Pacific Insurance (Group) Company Limited
(423.13 billion Chinese Renmimbi [US$65.19 billion]
).
Sales Analysis.
During the year ended December of 2020, sales at
China Life Insurance Co Ltd were 794.69 billion Chinese Renmimbi (US$122.43 billion).
This
is
an
increase of 10.9%
versus 2019, when the company's sales were 716.61 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at China Life Insurance Co Ltd
(and since 2015, sales have increased a total of 60%).
Sales of Others saw an increase
that was more than double the company's growth rate: sales were up
41.4% in 2020, from
12.29 billion Chinese Renmimbi to 17.38 billion Chinese Renmimbi.