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Premium Company Profile - China Life Insurance Company Limited (Datamonitor)
- Market: Finance and Banking
- Published Date: 22/04/2008
- Report Title: Premium Company Profile - China Life Insurance Company Limited
- Table of Contents: View Table of Contents
- Report Type: Company Profile
- Country: Global
- Number of Pages: 40
Introduction
China Life Insurance Company (China Life or ‘the company’) is one of the leading life insurers in China. The company recorded gross written premiums of RMB99,417 million ($12,484 million) for the fiscal year 2006. This profile offers a comprehensive review of its operations and performance.
Scope
Contains corporate strategy, value chain presence and SWOT Analysis Provides detailed business description, segment analysis, 5-year financial trends, key products and key competitors Includes information on suppliers/ partners, shareholding structure and key employees with biographies
Highlights
China Life is the leading provider of individual and group life insurance and annuity products in China. It also offers accident and short-term health insurance policies to individuals and groups. By the end of 2006, the company had the largest market share of 45.3% in the Chinese life insurance market.
With a population of 1.3 billion and less than 4% of them insured, as of March 2007, the Chinese insurance market presents opportunities for significant growth. The scope for huge improvement in the market penetration and the fast pace of growth in the life insurance sector makes China an attractive market.
China Life is innovating different distribution channels in order to increase its coverage and sales. It has built a collection and repeat sales team comprising 25,000 individual agents, and is in the process of building a team of financial advisors to serve high-end individual customers in first-and-second-tier cities.
Reasons to Purchase
Access all the important information and analysis on the company in a single report Understand company’s strengths, weaknesses, opportunities and threats along with business strategy and value chain Gain access to company’s adjusted five year financial data along with key ratios and market capitalization
Scope
Highlights
Reasons to Purchase
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