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China Life Insurance profits surge 93 pct in Q1
China Life Insurance Co., one of the country's biggest insurers, said Thursday that its net profits soared 92.6 percent year-on-year during the first quarter of 2019.
38 non-listed life insurance companies gain net profit of 32.5 bln yuan in 2018
38 of non-listed life insurance companies gained a total net profit of 32.5 billion yuan in 2018, according to Securities Daily reported Monday.
China Life expects less profit in 2018 over equity market slumps
China Life Insurance Company Limited, a leading insurer in the country, said Tuesday that it expected a plunge in 2018 net profits due to weak returns on equity market investment.
China Life nears 4 trln yuan in assets
The combined total assets of China Life Insurance (Group) Company neared 4 trillion yuan (around 588.75 billion U.S. dollars) at the end of last year.
China's life insurance sector expected to see faster growth
China's life insurance sector will see its premium growth rebound in 2019 and 2020, according to forecasts by Swiss Re Group, a leading reinsurance company.
China Life to expand overseas presence
China Life Insurance Co Ltd will invest actively in international markets, seeking greater exposure to assets including overseas stock markets, real estate and infrastructure projects, a senior executive said on Thursday.
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