Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

Financial Market
 Search News  Or
Taikang Life sees 4.8% drop in 2011 premium income

Jan. 16, 2012 (China Knowledge) - China's Taikang Life Insurance Co has said that its insurance premium income fell 4.8% year on year amid a slowing Chinese insurance industry.

The life insurer saw its insurance premium income drop to RMB 82.6 billion last year from RMB 86.77 billion in 2010.

Taikang Life, which is 12.02% held by Goldman Sachs Group Inc, reaped a profit of more than RMB 2 billion in 2010.

Chairman Chen Dongshen said last year that the insurance firm aims to launch a dual listing in Shanghai and Hong Kong within three years.

In 2011, China's insurance industry reaped RMB 1.43 trillion in insurance premiums, 10.4% more than that in the previous year. The growth rate was slower than the 30% increase in 2010.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved