China Life Insurance

China plans 200 billion yuan capital injection into biggest insurers: sources

The project should broaden institutional demand and may provide support to gold prices in China in the longer term depending on insurance funds’ appetite for participating in it.

China starts pilot project allowing insurance funds to invest in gold

China Life is one of the country’s biggest state-owned insurers and owns 29.59 per cent of Sino-Ocean, according to its latest annual report.

Sino-Ocean’s Hong Kong wind-up case delayed as UK ruling looms

China Life Insurance's net income rose to 104.5 billion yuan (S$19.4 billion) this year through Sep 30, from a revised 38.2 billion yuan a year earlier.

China Life says profit jumps as market rally lifts returns

China Life forecasts that net income will reach between 101.1 billion yuan (S$18.6 billion) and 108.8 billion yuan, a surge between 165 per cent and 185 per cent from a year earlier.

China Life says profit to jump up to 185% on market rally

China Life will “pro-actively” buy stocks that are undervalue as part of its bid to be a long-term investor, vice-president Liu Hui says.

China Life profit rises as market lifts investment returns

PwC has been under a lot of pressure lately as a result of its work for China Evergrande Group, which was ordered to be liquidated in January after it defaulted on debt repayment obligations.

China asks large state financial institutions to drop auditor PwC: sources

China Life Hong Kong is looking to raise between US$1 billion and US$2 billion.

China Life mandates banks for up to US$2 billion bond offering

The offshore arm, based in Hong Kong where it ranked the fourth largest by total premiums in the first quarter, also has offices in Macau, Singapore and Indonesia.

China Life Overseas gears up to tap mainlanders as sales jump

Net income for China Life dropped to 32.1 billion yuan from 50.8 billion yuan a year earlier.

China Life profit falls 37% on stock market slump, Covid impacts