LIFE INSURANCE MARKET LANDSCAPE CHANGED
AsiaInfo Services, May, 2009
AsiaInfo Services 05-08-2009 Life Insurance Market Landscape Changed SHENZHEN, May 08, 2009 (SinoCast Daily Business Beat via COMTEX) -- The landscape in the life insurance market for China has been changed as China Pacific Insurance (Group) Company Limited (SHSE: 601601) has ceded the third position to Taikang Life Insurance Company for two straight months. For a long time, China Life Insurance Company Limited (SHSE: 601628), Ping An Life Insurance Company of China, and China Pacific have been the top three life insurers in China. Taikang Life Insurance recorded CNY 21.526 billion in premium income in the first quarter of 2009, in contrast to CNY 1.634 billion made by China Pacific, according to the latest data compiled by the China Insurance Regulatory Commission. The...
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