New China Life – VONB Is a True Challenge
VONB Weakness Suggest Long-term Vulnerability: New China Life (1336.HK) [NCL] posted net profit of CNY 14.6 bn - increasing 84% YOY and in line...
462 Views
China Life – Expect Pain In 2020
A Mark-to-Market Result: China Life Insurance (2628.HK) [China Life] reported 2019 bottom-line of CNY 58.3 bn - increasing 412% YOY and well...
602 Views
China Pacific Insurance - No Light at the End of the Tunnel
2019 Results Were Adequate: China Pacific Insurance Corp. (2601.HK) [CPIC] 2019 core operating results excluding several one offs increased 13%...
399 Views
AIA - Resilient, But Not for Long
VONB Solid Despite Hong Kong, But AIA Needs to Come Clean on VONB Assumptions: Value of New Business (VONB) improved 5% YOY to USD $4.15bn, due in...
645 Views
Ping An Insurance Group - Not Very Pretty
Weak Results: Ping An Insurance Group (2318.HK) [Ping An or Group] reported 2019 operating results of CNY 133 bn, increasing 18% YOY but coming...
535 Views