-- China Life Insurance Co., the nation’s largest life insurer by market share, said profit rose 11% in the first half as an improving stock market boosted investment returns.Net income climbed to 38.3 billion yuan , from 34.6 billion yuan a year earlier, the Beijing-based company said in a filing to the Shanghai stock exchange Thursday.
New business value, which gauges the profitability of new life policies sold, expanded about 19% for the period, slowing from a 26.3% jump in the first quarter.“China Life’s new-business value is poised to rise 15-20% in 2024, we calculate, above consensus’ 10% after a 19% gain in 1H. Pricing adjustments and commission controls in bancassurance will boost new-business margin, along with a better product mix in 2H.
LOS ANGELES — Bobby Miller gave up two hits in five strong innings and the Los Angeles Dodgers survived an 0-for-5 outing by Shohei Ohtani to beat the Baltimore Orioles 6-3 on Thursday night, taking two of three in the interleague matchup between two of baseball’s best teams.Here’s Why Baron Real Estate Fund Trimmed Caesars Entertainment
ZHENJIANG, China, August 30, 2024--This means that Jiangsu has successfully achieved independent power supply for urban "power banks" for the first time.More than 130,000 people eligible for heart checks at work under new NHS scheme
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: SooToday - 🏆 8. / 85 Read more »