Nov. 17, 2009 (Chinavestor) China Life Insurance (NYSE:LFC), the largest Chinese lisfe insurer, reported accumulated premiums income for the January 1 - October 30, 2009 period to reach RMB254.7 billion ($37.310 billion), representing an increase of RMB17.4 billion ($2.549 billion) for october 2009.
As the following chart testifies, premiums income growth for October is the weakest showing for China Life Insurance (NYSE:LFC) for 2009.
China Life Insurance (NYSE:LFC) reported strong 2009numbers but most of it was due to strong returns on investment income. The Company has to demonstrate constant revenue growth to keep investors excited.
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