[New post] CIMB: New China Life Insurance

alanyeo posted: " Plunging margins■ Like many peers, NCI's 1H21 NBV was weak, down 22% yoy. Agentnumbers fell 16% yoy and 27% hoh in 1H21.■ 1H21 NBV margin plunged to 25.1% (-8.5% pts yoy). Agent NBV margin fell11.4% pts yoy to 39.4%. 2Q21 mix of 10-year regular premiums " Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: New China Life Insurance by alanyeo Plunging margins■ Like many peers, NCI's 1H21 NBV was weak, down 22% yoy. Agentnumbers fell 16% yoy and 27% hoh in 1H21.■ 1H21 NBV margin plunged to 25.1% (-8.5% pts yoy). Agent NBV margin fell11.4% pts yoy to 39.4%. 2Q21 mix of 10-year regular premiums fell notably.■ There was a notable shift in 1H21 away […] Read more of this post alanyeo | August 27, 2021 at 1:59 pm | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-3lh Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/08/27/cimb-new-china-life-insurance/ Thanks for flying with WordPress.com