12.19.2008
Corp info: China Life Nov 08
Nov MTD premium up 16% and YTD up 53%; Trend MTD premium growth keep dropping from Jul's 99% to 94% in Aug, 53% Sep, 42% Oct and 16% Nov. Still look reasonable to me, because its agents are not selling based on commission but by salary and bonus. If they met their quota earlier, they will try to stop selling and leave everything till next year.
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