China Taiping Insurance Holdings Company Limited operates within the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Taiping Insurance Holdings Company Limited with three other
insurance companies in Asia:
Samsung Life Insurance Company Limited
of KOREA (SOUTH)
sales of 30.96 trillion Korean Won [US$27.71 billion]
of which 101%
was Operating segment-domestic insurance sec),
Fubon Financial Holding Company Limited
(840.57 billion Taiwanese Dollars [US$30.35 billion]
of which 47%
was Insurance Segment), and
China Reinsurance Group Corp
based in CHINA
(169.10 billion Chinese Renmimbi [US$26.43 billion]
of which 43%
was Life and health reinsurance).
During the year ended December of 2020, sales at
China Taiping Insurance Holdings Company Limited were HK$274.13 billion (US$35.32 billion).
increase of 10.6%
versus 2019, when the company's sales were HK$247.82 billion.
This was the fifth consecutive year of sales increases at China Taiping Insurance Holdings Company Limited
(and since 2015, sales have increased a total of 72%).
Sales of Pension and Group Life Insurance saw an increase
that was more than double the company's growth rate: sales were up
23.9% in 2020, from
HK$6.15 billion to HK$7.62 billion.
Not all segments of China Taiping Insurance Holdings Company Limited experienced an increase in sales in 2020:
sales of Property and Casualty Insurance - Overse fell 1.0% to HK$4.80 billion.
(However, this segment's sales were only a very small portion of the company's overall sales).
China Taiping Insurance Holdings Company Limited also experienced decreases in sales in
Reinsurance (down 0.1% to HK$14.70 billion)