Financial China

China Life - in the balance

  • Published 20 Aug 2009

The insurance behemoth looks to be opting for short-term revenue declines to achieve longer-term stability.

China Life (2628:HKG) is the country's insurance behemoth, with 102m individual and group life insurance policies, annuity contracts and long-term health insurance policies at the end of the December 2008. But results haven't been wonderful of late.

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