New China Life Insurance Co Ltd - Company Profile
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New China Life Insurance Co Ltd (NCI) provides life insurance products and services to individual and institutional customers. Cash Position, Business Performance in Group Insurance segment and solvency position are its key strengths, even as its premium earnings remains an area for concern. Positive outlook for life insurance segment and personal accident and health insurance segment in China and growing economy in China are likely to present new growth opportunities to the company. However, intense competition, interest rate fluctuations and risks related to online identity theft and hacking could affect the company’s business performance.
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