11 Insurers See Ratings Updates

Ratings Corner, November 13, 2012

Jennifer Morrell

China Life has maintained a leading position in the Chinese life insurance market, with a share of 32.4 percent of total premiums in H112. It continues to focus on ensuring steady growth of new business value. New business value increased 2.5 percent year-on-year in H112, as resilient contribution from more profitable, regular-premium products mitigated a decline in single-premium policy sales amid tightened bank assurance regulations.

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