Dec 08 - Fitch Ratings: Chinese Life Insurance Companies Face Cash Flow Pressure

Source: China Securities Journal, ChinaScope Financial (Data)

+  Fitch Ratings is pessimistic about the investment performance of China’s life insurance companies, as the bleak economic outlook affects the industry’s profitability and capital status.

+  Fitch stressed in their assessment that the return on investment in fixed income securities are low and that the insurance companies need capital for their business expansion.

+  Related Data: Investment Income, Solvency, Direct Written Premium

+  Related Companies: China Life Insurance (SSE:601628), China Pacific Insurance (SSE:601601), Ping An Insurance (SSE:601318)

Bear Market: dramatic drop in both life insurers' investment income and solvency.

Declining direct written premiums since the onset of 2011

Trading Comparable

For more data on other insurance companies, please visit www.chinascopefinancial.com

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