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 384.22 billion Chinese Renmimbi [US$54.26 billion]
of which 70%
was Life Insurance),
Ping An Insurance (Group) Company Of China Ltd
(1.21 trillion Chinese Renmimbi [US$170.28 billion]
of which 43%
was Life and health insurance), and
New China Life Insurance Co Ltd
(171.49 billion Chinese Renmimbi [US$24.22 billion]
of which 98%
was Individual Insurance).
During the year ended December of 2019, sales at
China Life Insurance Co Ltd were 716.61 billion Chinese Renmimbi (US$101.20 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)