ManuLife – Canada Crisis
Canada Was Already At End of Its Rope: Prior to COVID-19, the Canadian financial system was in a precarious position. Debt in Canada had reached...
556 Views
PICC P&C – Giving Too Much Credit
* Solid 2019 Result, Reflecting Large One-Off: PICC Property & Casualty (2328.HK) [PICC] reported a bottom-line of CNY 24.3 bn, increasing 57%...
495 Views
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 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...
646 Views