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China Life Insurance: Direct Written Premium CNY 133 Bn In Jan-Apr, Down 8.53% YoY

|Includes: China Life Insurance Company Limited (LFC)

Source: Company Disclosure, ChinaScope Financial (Data)

+ China Life Insurance Co., Ltd. reported that the company's direct written premium amounted to CNY 133 billion during the January-April period, down 8.53% year-on-year.

+ China Life Insurance's premium income was CNY 113.8 in 2011Q1, down 7.5% year-on-year. The figure continued to fall in April.

China Life's net profit dropped mainly due to declining direct written premiums since 2011.

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