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New China Life Insurance Company Limited (Hong Kong SAR, China)

Main Activities: Insurance Carriers | Management of Companies and Enterprises
Full name: New China Life Insurance Company Limited Profile Updated: June 25, 2021
Buy our report for this company USD 29.95 Most recent financial data: 2020 Available in: English & Chinese Download a sample report

New China Life Insurance Company Limited is primarily engaged in the provision of life insurance. The Company offers a wide range of life, accident, and health insurance products and services, and also offers asset management and investment management services through its subsidiaries. The Company was incorporated in 1996 and is headquartered in Beijing, China.

Headquarters
36th Floor, Tower Two, Times Square, 1 Matheson Street, Causeway Bay, Hong Kong
Hong Kong; Hong Kong;

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Website: http://www.newchinalife.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Ratings:
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Incorporation Date:
Key Executives
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Non-Executive Director
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Non-Executive Director
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Non-Executive Director
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Non-Executive Director
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Non-Executive Director
Ownership Details
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31.34%
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12.09%
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5.67%
Subsidiaries
Electronic Commerce (China)
100%
Guangzhou Yuerong (China)
100%
Hefei New China Life Supporting Construction Operation Management Co., Ltd. (China)
100%
Company Performance
Financial values in the chart are available after New China Life Insurance Company Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net insurance premium revenue
15.5%
Net fee and commission income
-5.66%
Operating profit (EBIT)
17.17%
Net Profit (Loss) for the Period
-1.81%
Total assets
14.27%
Investments
8.58%
Receivables
3.54%
Total equity
20.39%
Net Premiums Earned Trend
2.63%
Net Profit Trend
N/A
Return on Equity (ROE)
-3.18%
Loss Ratio
4.8%
Underwriting Expenses Ratio
-2.14%

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