China: China Life Insurance, increased net income by 7.8% in 2015

China Life Insurance, China's largest insurer, closed the year 2015 with a net profit of 34.7 billion CNY (5.35 billion USD ), up by 7.8% in comparison with 32.2 billion CNY (5.24 billion USD) in 2014.

The turnover recorded a 10% increase to reach 364 billion CNY (56.1 billion USD) on 31 December 2015.