News Life and Health04 Nov 2020

China:Life insurance giant's growth sustainability to be tested in 2021 -- Fitch

| 04 Nov 2020

Insurance giant China Life Insurance is expected to see its profitability to weaken by the end of the year from a year earlier because of slower industry-wide business growth in 2H2020 and a higher base in 2019. Its growth sustainability will be tested in 2021 amid rising competition for opening sales, says Fitch Ratings.

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