tiprankstipranks

China Life Insurance Achieves Record Financial Performance in 2024

Story Highlights
China Life Insurance Achieves Record Financial Performance in 2024

China Life Insurance Co ( (HK:2628) ) has shared an update.

China Life Insurance Company Limited reported strong financial results for the year ending December 31, 2024, achieving record highs in key performance indicators such as total assets, investment assets, and net profit. The company maintained its industry leadership with gross written premiums of RMB671,457 million and an embedded value surpassing RMB1.4 trillion. It also reinforced its role in supporting national development and social security, with significant investments in the real economy and advancements in environmental, social, and governance practices, earning a Grade A MSCI ESG rating.

More about China Life Insurance Co

China Life Insurance Company Limited is a major player in the insurance industry, providing a range of insurance products and services. The company focuses on life insurance, pension products, and annuities, serving as a key financial institution in China with significant market leadership in business scale and value.

YTD Price Performance: 9.46%

Average Trading Volume: 11,612

Technical Sentiment Signal: Sell

Current Market Cap: $123.5B

For detailed information about 2628 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App