New China Life Insurance Unveils Board Structure

TipRanksDec 24 05:08 ET

China Life Insurance (601628.SH): The current legal representative is Cai Xiliang.

According to the announcement by China Life Insurance (601628.SH) on December 23, the Chairman acts as the legal representative of the company based on the company's Articles of Association. Recently, the company has completed the registration procedures for the change of legal representative, and the current legal representative of the company is Mr. Cai Xiliang. Other registration items in the company's business license remain unchanged.

Gelonghui FinanceDec 23 03:19 ET

After long-term bonds fell below 2%, insurance funds shifted towards equity assets, with high dividend and high ROE being the top choices.

Recently, the yield on 30-year government bonds has fallen below 2.0%. Guosen believes that the central tendency of long-term bond rates continues to decline, and the pressure on investment income from insurance funds is further increasing. Since the beginning of this year, companies represented by Great Wall Life, China Pacific Insurance, and Ruizhong Life have been increasing their stakes in high-quality listed companies, mainly concentrated in industries such as utilities, transportation, and Banks, which have high dividend yields and relatively stable ROE levels.

wallstreetcnDec 22 20:16 ET

A Closer Look At New China Life Insurance Company Ltd.'s (SHSE:601336) Impressive ROE

Simply Wall StDec 22 20:02 ET

Those Who Invested in China Life Insurance (HKG:2628) a Year Ago Are up 59%

Simply Wall StDec 22 19:53 ET

Three insurance companies have been approved to issue bonds worth 39 billion. Insurance companies have replenished a total of 117.5 billion yuan this year, slightly exceeding last year's total.

① On the same day, the Financial Regulatory Bureau disclosed that the perpetual bonds or capital supplement bonds issued by Ping An Life, China Postal Insurance, and China United Property Insurance have been approved, with a cumulative approved issuance scale not exceeding 39 billion yuan; ② The demand for "blood replenishment" in the Insurance Industry remains significant within the year. As of December 20, the cumulative issuance scale of capital supplement bonds and perpetual bonds by Insurance Institutions has reached 117.5 billion yuan, slightly higher than the total for last year.

cls.cnDec 20 08:27 ET