New China Life Insurance Co Ltd operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares New China Life Insurance Co Ltd with three other
insurance companies in Asia:
Samsung Life Insurance Company Limited
of South Korea
sales of 27.91 trillion Korean Won [US$25.56 billion]
of which 100%
was Insurance & Related Activities),
China Taiping Insurance Holdings Company Limited
of Hong Kong
(167.16 billion Hong Kong Dollars [US$21.41 billion]
of which 76%
was Life Insurance), and
Fubon Financial Holding Company Limited
based in Taiwan
(712.37 billion Taiwanese Dollars [US$23.73 billion]
of which 53%
was Insurance Segment).
New China Life Insurance Co Ltd reported sales of 144.80 billion Chinese Renmimbi (US$21.87 billion)
December of 2016.
decrease of 8.7%
versus 2015, when the company's sales were 158.54 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 40.9% decline
in Other Business, from 1.50 billion Chinese Renmimbi to 885.00 million Chinese Renmimbi.
There were also decreases in sales in
Individual Insurance (down 8.1% to 142.44 billion Chinese Renmimbi)
Group Insurance (down 9.2% to 1.71 billion Chinese Renmimbi)