Compelo Banking is using cookies

We use them to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website.

ContinueLearn More
Close
Dismiss

China Life premium income surges

According to a local report, the premium income of China's fourth largest life insurance underwriter, China Life, grew by over 50% in the first half of the year.

Quoting the China Securities Journal, Reuters has reported that China Life earned $1.82 billion from premium income in the first six month’s of the year. The figure represents an impressive 57% increase over the corresponding period last year.

The boost in business has increased China Life’s share of the domestic life insurance market to 6.6%, up from 5.1% in H1 2005.