trending Market Intelligence /marketintelligence/en/news-insights/trending/_Xltv2o0cnfW0oPsjE_NLQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Taiwan-based China Life reports YOY rise in Q3 net income

Infrastructure Issues: Tools to Dig Deep on Potential Risks

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report

Fintech

Fintech Funding Flows To Insurtech In February


Taiwan-based China Life reports YOY rise in Q3 net income

Taiwan-based China Life Insurance Co. Ltd. posted a year-over-year rise in net income for the third quarter, it said in a Nov. 10 release.

The insurer reported a net income for the quarter ended Sept. 30 of NT$5.26 billion, or NT$1.39 per basic share, up from NT$3.15 billion, or 83 Taiwan cents per basic share, in the prior-year quarter.

The S&P Capital IQ mean consensus estimate for normalized EPS was 72 cents, with three analysts reporting.

Premium income for the quarter rose to NT$51.36 billion, from NT$47.68 billion, while retained earned premium rose to NT$51.11 billion from NT$47.41 billion.

The company saw a loss on financial assets and liabilities at fair value through profit or loss of NT$74.5 million, compared to a gain of NT$12.35 billion in the year-ago quarter. It also posted a NT$183.2 million loss in net changes in foreign exchange valuation reserve, compared to a gain of NT$2.01 billion in the third quarter of 2016.

For the nine-month period ended Sept. 30, China Life reported a decline in net income to NT$7.60 billion from NT$9.07 billion. Earnings per basic share fell to NT$2.01 from NT$2.40.

As of Nov. 10, US$1 was equivalent to NT$30.21.