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New China Life Insurance Co Ltd (601336.SS)

601336.SS on Shanghai Stock Exchange

41.96CNY
30 Mar 2017
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Latest Key Developments (Source: Significant Developments)

New China Life Insurance says changes in accounting estimates resulted in reduction in 2016 profit
Wednesday, 29 Mar 2017 06:57pm EDT 

New China Life Insurance Co Ltd <601336.SS>: As at 31 December 2016, the changes in accounting estimates resulted in an increase in liabilities of life insurance contracts by RMB3.186 billion . As at 31 December 2016, changes in accounting estimates resulted in an increase in liabilities of long-term health insurance contracts by RMB3.059 billion .As at 31 december 2016, changes in accounting estimates resulted in aggregate reduced profit before tax by RMB6.245 billion for 2016.  Full Article

New China Life Insurance posts FY net profit of RMB4,942 million
Wednesday, 29 Mar 2017 06:30am EDT 

New China Life Insurance Co Ltd <601336.SS>: FY net profit RMB4,942 million versus RMB8,601 million . Final dividend of RMB0.28 per ordinary share . FY revenue RMB 144.80 billion versus RMB 157.92 billion .Pursuant to a resolution passed at meeting of board on 29 March, a final dividend of RMB0.48 per share for year ended 31 Dec 2016 was proposed.  Full Article

New China Life Insurance Co says accumulated gross premium income for Jan 2017 to Feb 2017 RMB23.56 bln
Monday, 13 Mar 2017 07:33am EDT 

New China Life Insurance Co Ltd <601336.SS> :Accumulated gross premium income of company for period between 1 January 2017 and 28 February 2017 was rmb 23.56 billion.  Full Article

New China Life Insurance appoints Yang Zheng as finance director
Friday, 10 Mar 2017 03:36am EST 

New China Life Insurance Co Ltd <601336.SS> :Says it appointed Yang Zheng as finance director of the co, who is approved by China Insurance Regulatory Commission to be qualified for the position, effective Feb. 28.  Full Article

New China Life Insurance says January accumulated gross premium income was RMB 16.95 bln
Monday, 13 Feb 2017 05:08am EST 

New China Life Insurance Co Ltd <601336.SS>: Nci-announcement Relating To Premium Income <1336.HK> .Accumulated gross premium income of co for period between 1 January 2017 and 31 January 2017 was RMB 16.95 billion.  Full Article

New China Life Insurance says CIRC approval of qualification of Li Zongjian as a vice president
Monday, 13 Feb 2017 04:56am EST 

New China Life Insurance Co Ltd <601336.SS> :Recently received "approval of qualification of Li Zongjian" issued by CIRC, CIRC approved qualification of LI ZONGJIAN as a vice president.  Full Article

New China Life Insurance expects decrease in FY profit
Tuesday, 24 Jan 2017 04:03am EST 

New China Life Insurance Co Ltd <601336.SS>: Estimated that net profit attributable to shareholders of company for year 2016 may decrease by approximately 45 pct .Estimated decrease in 2016 annual results of co is primarily attributable to significant decrease in investment income of 2016.  Full Article

Shin Kong Financial Holding unit signs claim service cooperation contract with NEW CHINA LIFE INSURANCE
Tuesday, 22 Nov 2016 05:24am EST 

Shin Kong Financial Holding <2888.TW> and New China Life Insurance <601336.SS>:Shin Kong Financial Holding's subsidiary Shin Kong Life Insurance signed a claim service cooperation contract with New China Life Insurance on Nov. 22.  Full Article

New China Life Insurance says CIRC approved qualification of independent non-executive director
Friday, 23 Sep 2016 05:49am EDT 

New China Life Insurance Co Ltd <601336.SS>:CIRC approved qualification of Neoh Anthony Francis as an independent non-executive director of company.  Full Article

New China Life Insurance says HY profit before tax reduced after accounting adjustments<601336.SS>
Thursday, 1 Sep 2016 05:52am EDT 

New China Life Insurance Co Ltd <601336.SS>: As at 30 June, changes in accounting estimates resulted in increase in liabilities of life insurance contracts by RMB772 million . Adopted prospective application method to deal with changes in accounting estimates, and no retroactive adjustment required . As at 30 June, changes in accounting estimates resulted in reduction of profit before tax by RMB1.553 billion for HY .  Full Article

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BRIEF-New China Life Insurance says changes in accounting estimates resulted in reduction in 2016 profit

* As at 31 December 2016, the changes in accounting estimates resulted in an increase in liabilities of life insurance contracts by RMB3.186 billion