China Taiping Insurance Holdings Company Limited operates within the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Taiping Insurance Holdings Company Limited with three other
insurance companies in Asia:
Samsung Life Insurance Company Limited
of South Korea
sales of 27.76 trillion Korean Won [US$24.79 billion]
of which 100%
was Insurance & Related Activities),
New China Life Insurance Co Ltd
(144.80 billion Chinese Renmimbi [US$21.02 billion]
of which 98%
was Individual Insurance), and
Fubon Financial Holding Company Limited
based in Taiwan
(722.78 billion Taiwanese Dollars [US$23.95 billion]
of which 53%
was Insurance Segment).
During the year ended December of 2016, sales at
China Taiping Insurance Holdings Company Limited were HK$167.16 billion (US$21.46 billion).
increase of 4.8%
versus 2015, when the company's sales were HK$159.46 billion.
Sales of Reinsurance saw an increase
that was more than double the company's growth rate: sales were up
33.7% in 2016, from
HK$6.81 billion to HK$9.11 billion.
China Taiping Insurance Holdings Company Limited also saw significant increases in sales in
Property and Casualty Insurance - Prc (up 6.6% to HK$19.26 billion)
Pension and Group Life Insurance (up 8.7% to HK$4.99 billion)
Other Businesses (up 24.9% to HK$4.74 billion)
Not all segments of China Taiping Insurance Holdings Company Limited experienced an increase in sales in 2016:
sales of Property and Casualty Insurance - Overse fell 13.4% to HK$3.49 billion.
(However, this segment's sales were only a very small portion of the company's overall sales).