China Life News

China Life Warns on Profits

China Life , the world’s largest insurer by market value, warned of a 55 percent fall in profits in the first nine months – pointing to its first quarterly loss since 2008. The warning from the state-controlled company surprised analysts …

Sources Say New China Life Files for up to $4 Billion IPO

New China Life, the country’s third-largest life insurer, has filed an application to list in a dual Hong Kong and Shanghai IPO, sources said, braving volatile markets to raise up to $4 billion. New China Life, in which Swiss insurer …