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The insurer is expected to have 18 percent increase in premium inco me in 2008, and 14 percent in 2009, as its main business focuses on tr aditional dividend insurance products instead of high-risk products, l ike investment-based insurance and universal life insurance products, according to the investment bank.
It also predicted that China life's return on investment would fall 4.2 percent in 2008, but increase 5.1 percent in 2009.
In view of fast growth of its new business, the insurer's earnings per share will increase 32 percent in 2009.
UBS also expressed that China Life's conservative management style would endow it competitiveness in the sluggish economic environment. E nditem
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