|
BIZCHINA> Reports
![]() |
|
China Life sees lower market share
By Li Huayu (chinadaily.com.cn)
Updated: 2008-05-04 10:51
In 2007, China Life Insurance had a market share of 39.73 percent, down from 44.6 percent in 2006. Its premiums reached 196.62 billion yuan ($28.13 billion), up 8.53 percent, compared with 13 percent growth in 2006.
In the first two months of 2008, the company's premiums were 59.66 billion yuan, a year-on-year increase of 38.6 percent, lower than growth of the industry's personal insurance premiums. Premium growth of China's personal insurance companies was 58.19 percent higher than a year earlier. Some analysts attributed China Life's dwindling market share to its absence of multi-purpose and unit-linked insurance businesses, which surged 558 percent and 110 percent respectively with last year's booming stock market. ...... The full text is available in the April Issue of China Insurance.Please visit publications for more subscription details. (For more biz stories, please visit Industries)
|
类乌齐县| 谷城县| 长岛县| 远安县| 青神县| 若羌县| 西贡区| 浏阳市| 牡丹江市| 攀枝花市| 望谟县| 雅江县| 大同市| 奉节县| 平和县| 普洱| 铜山县| 凤阳县| 武宁县| 上虞市| 南平市| 肥西县| 怀来县| 开远市| 南阳市| 浮山县| 汉沽区| 横山县| 武定县| 鹤岗市| 察哈| 封丘县| 塔城市| 东阿县| 正镶白旗| 韩城市| 禄劝| 略阳县| 正宁县| 增城市| 仙居县|