Nicholas Upsall

CHINA LIFE INSURANCE COMPANY LIMITED ANNOUNCES 2023 INTERIM RESULTS (H SHARES)

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Wednesday, August 23, 2023
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HONG KONG, Aug. 23, 2023 /PRNewswire/ -- China Life Insurance Company Limited (SSE: 601628, SEHK: 2628) announces the unaudited consolidated results of the Company (China Life Insurance Company Limited and its subsidiaries) for the six months ended 30 June 2023 (the "Reporting Period") prepared under International Financial Reporting Standards today.

Key Points: 
  • HONG KONG, Aug. 23, 2023 /PRNewswire/ -- China Life Insurance Company Limited (SSE: 601628, SEHK: 2628) announces the unaudited consolidated results of the Company (China Life Insurance Company Limited and its subsidiaries) for the six months ended 30 June 2023 (the "Reporting Period") prepared under International Financial Reporting Standards today.
  • Prioritising business value, in the first half of 2023, the Company realised a strong growth in its insurance business with its business structure continuously optimised.
  • In the first half of 2023, premiums of China Life Property and Casualty Insurance Company Limited ("CLP&C") cross-sold by the Company through collaboration were RMB11,856 million.
  • Additional first-year receipts of enterprise annuity funds and commercial pension products of China Life Pension Company Limited cross-sold by the Company through collaboration were RMB2,045 million.

smartTrade Reports a Strong 2022 With Plans for Further Expansion In 2023

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Thursday, January 12, 2023
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The acquisition of Toronto-based TickTrade Systems which took place in late 2021 was finalized in 2022, integrating all products and teams globally.

Key Points: 
  • The acquisition of Toronto-based TickTrade Systems which took place in late 2021 was finalized in 2022, integrating all products and teams globally.
  • The combined expertise of the two companies allowed smartTrade to develop and release a combined LiquidityFX next generation (LFX-NG) platform .
  • smartTrade acquired several new clients in 2022, extending its coverage in the UK, Japan, USA, Switzerland, and the Nordic region.
  • David Vincent, Chief Executive Officer & Co-Founder at smartTrade Group, said, “2023 will see a strong focus on growth.

CHINA LIFE INSURANCE COMPANY LIMITED ANNOUNCES 2022 INTERIM RESULTS (H SHARES)

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Thursday, August 25, 2022
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HONG KONG, Aug. 25, 2022 /PRNewswire/ -- China Life Insurance Company Limited (SSE: 601628, SEHK: 2628, NYSE: LFC) announces the unaudited consolidated results of the Company (China Life Insurance Company Limited and its subsidiaries) for the six months ended 30 June 2022 (the "Reporting Period") prepared under the International Financial Reporting Standards today.

Key Points: 
  • HONG KONG, Aug. 25, 2022 /PRNewswire/ -- China Life Insurance Company Limited (SSE: 601628, SEHK: 2628, NYSE: LFC) announces the unaudited consolidated results of the Company (China Life Insurance Company Limited and its subsidiaries) for the six months ended 30 June 2022 (the "Reporting Period") prepared under the International Financial Reporting Standards today.
  • China Life Insurance Company Limited is a life insurance company established in Beijing, China on 30 June 2003 according to the "Company Law of the People's Republic of China" and the "Insurance Law of the People's Republic of China".
  • The Company is one of the largest institutional investors in China, and becomes one of the largest insurance asset management companies in China through its controlling shareholding in China Life Asset Management Company Limited.
  • The Company is a leading provider of individual and group life insurance, annuity products and accident and health insurance in China.