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China Life's premium income down 5.57% in Jan-Jul

Aug. 15, 2012 (China Knowledge) - China Life Insurance Co Ltd<601628><2628>, the country's largest life insurance company, said yesterday that its insurance premium income reached RMB 203.3 billion in the first seven months of this year.

The figure reflects a decline of 5.57% from RMB 215.3 billion in the same period of last year.
China Life's smaller rival Ping An Insurance (Group) Co<601318><2318> said earlier that its life insurance unit, Ping An Life Insurance Co Ltd, realized RMB 83.31 billion in premium income from January to July.
China Pacific Insurance (Group) Co Ltd<601601><2601> booked life insurance unit booked a premium income of RMB 60.9 billion in the period.

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