New China Life Insurance Company Ltd
SSE:601336

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New China Life Insurance Company Ltd
SSE:601336
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Price: 51.3 CNY 0.41% Market Closed
Market Cap: 107B CNY
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New China Life Insurance Company Ltd
Investor Relations

In the fast-evolving landscape of China's insurance sector, New China Life Insurance Company Ltd. (NCI) emerges as a compelling narrative of growth and adaptation. Founded in 1996 during a period when the nation was gradually embracing a market economy, NCI has navigated the tides of a transforming industry with agility and foresight. At its core, the company thrives by offering a robust portfolio of life insurance products that cater to an increasingly prosperity-conscious populace. Through diverse offerings like whole life, annuities, and health insurance, NCI meets the multifaceted financial protection needs of its clients. It has expanded its branches and service outlets across the country, integrating modern technology to enhance customer engagement and streamline its operations.

The company generates revenue through premium collections and strategic investment income. It pools the premiums from policyholders and invests in a wide range of asset classes from government bonds to equities, balancing risk and returns prudently. Simultaneously, it remains vigilant in its underwriting processes to minimize liabilities and fortify its fiscal strength. Moreover, NCI capitalizes on cross-selling opportunities by leveraging its wide agent network and digital platforms, which enhances its distribution efficiency. As China continues to urbanize and its middle-class burgeons, NCI is poised to deepen its market penetration, adapting to the shifting regulatory dynamics and demographic trends with strategic acumen, ensuring that it not only endures but thrives in the competitive insurance landscape.

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Management

Mr. Yucheng Yang
Executive Chairman
No Bio Available
Mr. Xingfeng Gong
President, Financial Principal, VP, Chief Actuary, Board Secretary & Joint Company Secretary
No Bio Available
Mr. Hongbo Qin
VP & Chief Risk Officer
No Bio Available
Mr. Tao Zhang
Head of Accounting Department
No Bio Available
Mr. Zhongzhu Wang
GM of Discipline Inspection & Supervision Office and Employee Representative Supervisor
No Bio Available
Ms. Sau Mei Ng ACIS, ACS, FCIS, FCS
Joint Company Secretary
No Bio Available

Contacts

Address
BEIJING
Beijing
New China Life Insurance Mansion, No. A12, Jianguomenwai Avenue, Chaoyang District
Contacts