Nov. 19, 2008 (China Knowledge) - China Life Insurance Co Ltd<601628><2628><LFC>, the country's largest life insurance company, said its unaudited premium income has reached RMB 264.8 billion in the first ten months this year, accord...
DUNHUANG, China, Sept 9 - China Life Insurance Co Ltd (601628.SS)(2628.HK) the country's top life insurer, said on Tuesday it has no plan to seek a group listing because conditions for such a move are...
Central Huijin Investment Co, a wholly-owned subsidiary of China's sovereign wealth fund, will soon take over a 38.8% stake in New China Life Insurance Co from China's insurance protection fund, according to sources familiar with the matter.The sources said that Central Huijin will pay RMB 4 billion to buy 460...
HONG KONG, Nov 16 - AMP Ltd <AMP.AX> has entered into a strategic partnership with the world's largest insurer by market value, China Life Insurance <2628.HK>, for the asset management and pensions sectors, the Australian...
China Life Insurance Co Ltd<601628><2628><LFC>, the country's largest life insurer in terms of premiums, has commenced the first phase construction on an R&D center in Beijing, sources reported. The project, which covers an area of 140,000 square meters and involves total investment of around RMB...
China Life Asset Management Co, a unit of China Life Insurance Co Ltd<601628><2628>, yesterday bought 20 million A shares of China Merchants Bank<600036><3968>, the nation's fifth-largest bank by market value, sources reported.The asset management unit spent RMB 295.6 million on the deal. The...
China Life Insurance (Group) Co, the parent of China Life Insurance Co Ltd<601628><2628><LFC>, the country's largest life insurer in terms of premiums, on Sep. 14 raised its shareholding in BBMG Corp<2009> to 8.1% from the previous 7.69%, according to bourse operator Hong Kong Exchanges and...
China Life Insurance Co Ltd<601628><2628><LFC>, the country's largest life insurance company, on Tuesday said that its unaudited premium income reached RMB 210.7 billion in the first eight months of this year, according to its filing with the Shanghai Stock Exchange.The figure indicates a year-on-year...
China Life Insurance Co Ltd<601628><2628><LFC> is very likely to invest in Agricultural Bank of China or China Development Bank, according to Yang Chao, chairman of the Chinese insurer. Yang said at a press conference held in Wuyishan, Fujian Province yesterday that investing in large unlisted financial...
Bank of Communications<601328><3328>, the fifth-largest bank in China by assets, has obtained approval from Chinese regulators to purchase a controlling stake in China Life-CMG Insurance Co, a joint venture between China Life Insurance Co<601628><2628><LFC> and Commonwealth Bank of Australia,...