New China Life Insurance Co Ltd Class H
01336: XHKG (HKG)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
HK$94.00 | Vrypc | Tzbqdkr |
NCI’s Agent New Business Value Declined Despite Strong Bancassurance Sales
Business Strategy and Outlook
NCI differentiates with a focus on the underserved health insurance business to drive value-oriented growth. However, facing rising industrywide headwinds and senior management changes, it seems to have come to a crossroad over further growth.