China Life Property Insurance Plans New Business Fields

Tue. July 08, 2008; Posted: 06:17 AM

7 Stocks You Need To Know For Tomorrow -- Free Newsletter

BEIJING, Jul 08, 2008 (SinoCast via COMTEX) -- LFC | Quote | Chart | News | PowerRating -- China Life Property Insurance Co. is mulling to explore new business fields due to stiff competition in the current insurance sector.

A property insurance company can now get less underwriting profit while investment in money management products is becoming a major profit source to insurers.

China Life Property Insurance focuses on non-life insurance investment business, corporate group insurance service and dispersed business by virtue of its advantages in marketing, investment, and supportive resources.

It principally develops household property insurance products when counting on professional direct selling team and insurance agencies to sell corporate group insurance products. China Life Asset Management Co.??s experience in capital operation can provide support for the property insurer??s investment.

China Life Property Insurer plans to bring in international strategic partners to solve some key problems.

From www.cnstock.com, Page 1, Monday, July 07, 2008 info@SinoCast.Com

For full details on China Life Insurance Company (LFC) click here. China Life Insurance Company (LFC) has Short Term PowerRatings of 5. Details on China Life Insurance Company (LFC) Short Term PowerRatings is available at This Link.

Morning Coffee with TradingMarkets -- Free Newsletter

More News: Market Updates | Stock Alerts | All Trading News | Stock Index

Archives

Feedback

Email Article Link

Close X

RELATED SITES

Please call 1-213-955-5858 ext. 1

All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.