Recent events
Recent events tied to this brand in public sources.
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2020
Caissa Tourism announces planned 1.16 billion yuan share placement
Caissa Tourism announced a planned non-public share issuance to five subscribers, including JD.com-related and Huaxia Life parties, for a combined 1.16 billion yuan. The proceeds are intended to replenish the company's working capital.
2020
China Life's unpaid-leave entrepreneurship policy draws criticism
China Life circulated a notice encouraging approved B-class and higher cadres to take unpaid leave to start businesses, with salary support for three to six months. The policy drew criticism, including an insurance broker's allegation that it was disguised layoffs; China Life said it provided a policy channel and financial support to employees who wanted to start businesses.
2019
Huaxia Life reports first-half 2019 results
Huaxia Life reported that its total premiums for the first half of 2019 rose 76% year over year to RMB 174 billion and net profit was RMB 522 million. The article also reported that insurance business income rose 72.88% year over year while net profit fell 82.86% compared with the first half of 2018.