All Posts Tagged With: "LFC"

(PL) Protective Life Upped to Outperform

On May 22, we upgraded our recommendation on the shares of Protective Life Corp. (PL) to Outperform from Neutral to reflect our optimism regarding the announced acquisition of MONY Life insurance Company and efforts to enhance shareholders...

22Aug2013 | | Comments Off | Continued

(PL) Protective Life Increases Dividend

Life insurer Protective Life Corp. (PL) has announced an 11% increase in its quarterly dividend. The new dividend of 20 cents per share will be paid on Jun 10, 2013 to share owners of record at the close of business on May 24, 2013. Last...

22Jun2013 | | Comments Off | Continued

(PL) Insurance Industry Stock Outlook – May 2013 – Zacks Analyst Interviews

The year 2013 started off much better than expected for the U.S. insurance industry, with most of the primary insurers beating first quarter earnings estimates and reporting relatively low combined ratios. Moreover, the sector continued to witness rising premium rates which started a year back after...

22May2013 | | Comments Off | Continued

(GNW) Insurance Stock Outlook – January 2013 – Zacks Analyst Interviews

The U.S. insurance industry entered 2013 facing the ravages of Hurricane Sandy, which resulted in billions of insured losses. Though insurers were better prepared to withstand significant losses this time, the after-effect of the 2012 hurricane season was much more than expected. The impediments...

23Jan2013 | | Comments Off | Continued

(LFC) China Life Insurance Remains Neutral

We are maintaining our Neutral recommendation on China Life Insurance Co. Ltd (LFC) based on its extensive domestic distribution channel, strong balance sheet, substantial cash flow and stable ratings. However, the company is inherently...

2Sep2012 | | Comments Off | Continued

(LFC) China Life Insurance 1H12 Disappoints

Yesterday, China Life Insurance Co. Ltd. (LFC) reported its 2012 interim results. The company witnessed operating earnings of RMB0.34 per share (81 cents per ADR) in the first half of 2012, witnessing a plunge of 26.1% from RMB0.46...

30Aug2012 | | Comments Off | Continued

(LFC) China Life Insurance – ADR – Bear of the Day

China Life Insurance’s (LFC) third-quarter earnings witnessed a steep decline from the comparable period of last year. High surrenders, low premium income and increased impairment losses led to a decline in the net income, while...

14Dec2011 | | 0 comments | Continued

(LFC) China Life Insurance-ADR – Bear of the Day

China Life Insurance’s (LFC) third-quarter earnings witnessed a steep decline from the comparable period of last year. High surrenders, low premium income and increased impairment losses led to a decline in the net income, while...

5Dec2011 | | 0 comments | Continued

(LFC) China Life Insurance Company Shares Remain Underperform

We have reiterated our Underperform recommendation on China Life Insurance Company Ltd. (LFC) based on itspoor operating results in the third quarter. China Life reported operating earnings of RMB0.13 per share (US$0.31 per...

2Dec2011 | | 0 comments | Continued

(MFC) Manulife Financial Analyst Initiates Shares with Neutral

We are initiating coverage on Canada based Manulife Financial Corp. (MFC) with a Neutral recommendation. During the third quarter, the company posted a net loss of 73 cents per share, narrower than the loss of $1.28 in the...

28Nov2011 | | 0 comments | Continued

(LFC) China Life Insurance Sees Moody’s Rating Action

Beginning this week, credit rating agency Moody’s Investors Service affirmed China Life Insurance Co. Ltd.’s (LFC) insurance financial strength rating of “A1” with a positive outlook based on the company’s stable capital,...

6Nov2011 | | 0 comments | Continued

(LFC) China Life Insurance – ADR- Bear of the Day

We are initiating coverage on China Life Insurance (LFC) with an Underperform recommendation. The company’s semi-annual earnings witnessed a steep decline from the comparable period of the prior year. Increases in revenue and...

8Sep2011 | | 0 comments | Continued

(AIG) Insurance Industry Update – December 2010 – Industry Outlook

After enduring stress with respect to pricing pressure and reduced insured exposure through mid-2009, the overall health of the U.S. insurance industry has started improving. Though the market turmoil forced many companies to take immense write-downs, the worst of the crisis appears to be now behind...

10Dec2010 | | 0 comments | Continued

(AIG) AIG’s American International Assurance Group IPO Closes Above Expectations

Given the ramp up in the demand for shares of American International Group Inc.’s (AIG) Asian life-insurance unit, American International Assurance Group Ltd. (AIA), on Monday, AIG decided to close the AIA initial public offering...

3Nov2010 | | 0 comments | Continued

(AIG) Insurance Industry Stock Update – May 2010 – Industry Outlook

The turmoil in the financial markets created a highly challenging environment for the U.S. insurance industry, forcing many companies to take immense write-downs. In 2010, the overall situation has improved to a great extent and the worst of the crisis appears to be now behind us. However,...

4May2010 | | 0 comments | Continued

(PTR) Top Chinese Equity Funds – Mutual Fund Commentary

Today we are featuring top-performing “Chinese equity” mutual funds that invest most of their assets in equity securities of companies that trade in China or are related to the Chinese economy. Investors can find such funds by checking out the entire list of the ...

31Aug2009 | | 0 comments | Continued

(LFC) China Life Insurance Company’s Profits Grow

China Life Insurance Company (LFC), the leading life insurer in China, has posted a 15% rise in profits in the first half of 2009 compared to the prior-year period. The company earned 18.2 billion yuan ($2.7 billion) in the first half of 2009 driven...

27Aug2009 | | 0 comments | Continued

(LFC) China Life Insurance Co. – Growth And Income – Zacks Rank Buy

China Life Insurance (LFC) saw first quarter income rise 55% and is expected to grow earnings by 39.19% in 2009. Company Description China Life Insurance is China’s largest life insurance company. It provides individual and group life insurance...

10Jul2009 | | 0 comments | Continued